Jimoh Alaba Olalere is a Professional Banker and Accountant. He studied Banking and Finance in Ogun state University, now Olabisi Onabanjo University Ago-Iwoye as first degree. He also holds an MBA from Obafemi Awolowo University, Ile- Ife. He is a fellow of the Institute of Chartered Accountants of Nigeria and Chartered Institute of Bankers of Nigeria; also, an Associate Member of Chartered Institute of Taxation of Nigeria.

He started his banking career in 1985 in United Bank For Africa, where he had experience in Head Office Operations, Branch Operations and Internal Control. He left UBA in February 2005 and joined First Bank of Nigeria Limited on 1st March 2005 and deployed to Internal Audit Department. In September 2006, First Bank, separated Internal Control from Internal Audit Department. He was among the pioneer staff of Internal Control and deployed to Foreign Control Unit to oversee the activities of Foreign Operation of the bank as a result of experience he had in UBA. He voluntarily retired from First Bank of Nigeria Limited on 28th February 2019 under the scheme of early voluntary retirement.