Fola Adeola is the Chairman of Lotus Capital Limited. He is also the Chairman/Founder of FATE Foundation, a non-governmental organization dedicated to encouraging the creation of wealth through entrepreneurship, using an innovative mix of training, mentoring, loan support, and consulting to support young Nigerians.

Fola was the founder and first Managing Director of Guaranty Trust Bank Plc. He ran the bank from its inception in 1990 to July 2002, during which he firmly established the institution as a strong and credible bank. Guaranty Trust Bank has become one of Nigeria’s largest and most profitable listed companies with a footprint across Africa and in the UK.

He was also previously the Chairman of MainOne Cable Limited and Chairman of Allianz Insurance Company Limited. In the public sector, Fola served as the first Chairman of the National Pension Commission in Nigeria. He has served and is still serving, at national and international levels, on various committees and corporate boards. Fola served as a member of the National Honours and Awards Committee, member of the Solid Mineral Committee (both federally constituted), member of Council, Institute of Chartered Accountants of Nigeria, member of Council, Institute of Directors of Nigeria, and member of the Global Advisory Committee on Philanthropy of the World Economic Forum. He had served as a Commissioner on the Commission for Africa, prelude to the 2005 G8 meeting in Gleneagles, UK. Until June 2015, he was Deputy Chairman of the Victims Support Fund, a national fund set up by President Goodluck Jonathan to assist victims of Boko Haram.

Mr. Adeola was nationally decorated as an Officer of the Order of the Federal Republic (OFR) by President Olusegun Obasanjo in 2002. He has received numerous honours and recognitions, including Doctor of Business Administration – DBA– by Nkumba University, Uganda, Doctor of Business Administration –DBA– by the University of Nigeria, Nsuka, Doctor of Business Administration –DBA– by Al-Hikma University, Ilorin, Nigeria, all honoris causa.

Mr. Adeola has a Diploma in Accounting from Yaba College of Technology and is a Chartered Accountant. He is a graduate of the National Institute for Policy and Strategic Studies, Kuru, Jos. He is a member, Chartered Institute of Arbitrators, UK, and an Accredited Mediator of the same Institute. He is an alumnus of Harvard Business School, INSEAD, and the International Institute for Management Development (IMD).