Kolawole H. A. Onakoya attended the University of Ibadan for his Diploma in Banking and Finance and obtained BSc. in Business Administration from Ambros Ali University, Ekpoma. He also obtained Masters Degree in Finance from Ladoke Akintola University, Ogbomoso.
An associate member of the Nigerian Institute of Management (ANIM), Otunba Onakoya worked at Kohad property and Investment Limited as Estate Mortgage Manager in 1996 where he moved up to the position of General Manager in 1999, a position he held until his appointment at Skyfield Savings and Loans Ltd. (Now Brent Mortgage Bank) as assistant General Manager and later Executive Director.
He retired from the bank and started his own company, Bliss Kay Logistics Ltd in August 2010. Otunba Kolawale Onakoya sits on the Board of Kohad property Ltd, a property company and Hakonas Oil, an Oil Servicing company as chairman.
His business tentacles cut across property, construction and oil.He has attended various business related coursed. His presence on the Board of the company has enhanced the resource base of the company.
He is married with children.