Ola Adeola holds an LL.B degree from the University of Lagos and B.L from the Nigeria Law School between 1975 and 1976.

Her work experience commenced as a lecturer in Auchi polytechnic, Bendel State in 1976 and blossomed as a legal practitioner in Chief Olisa Chukwura (SAN) legal firm, Ibadan between 1977 and 1979.

She was at Nigeria Reinsurance Corporation between 1979 and 2003, where she rose to the position of Deputy General Manager/ Company Secretary and Legal Adviser.

In appreciation of her various contributions to national development, she was appointed in 2004 as a member, Governing Board of the University of Uyo Teaching Hospital, Akwa Ibom State.

Ola Adeola has served as committee member in various international fora such as West African Insurance companies Association (W.A.I.C.A), Federation of Afro –Asian Insurers and Re –insurers (F.A.I.R.), African Insurance Organization (AIO) and Nigerian Insurance Law Association (N.I.L.A).