Prof. Asaolu was born on the 19th November 1962 in Ibadan.
He attended primary and secondary schools in Ibadan and sat for the WASCE in 1980.
He worked briefly as an Accounts Clerk with Radio Nigeria before proceeding to the then-University of Ife in 1983 to study Accounting and graduated in 1987. He was employed by Obafemi Awolowo University in 1989 as an Internal Auditor 2, and having qualified as a Chartered Accountant in November 1992, his appointment was transferred to the Department of Management and Accounting in 1993 as a Lecturer One. Professor Asaolu is a Fellow of the Institute of Chartered Accountants of Nigeria and the Year 2020 ICAN Merit Award Winner. He has served and still serving as chairman/member of several committees of the Institute.
He completed his PG. D (Computer Science) in 1990, MBA in 1993, M. Phil. in 2001, and Ph. D. in 2004. He was promoted to Senior Lecturer in 1996, Reader in 2005 and Professor of Accounting in 2008. He is the first Professor of Accounting at Obafemi Awolowo University. He served as Head, the Department of Management and Accounting and Coordinator, Executive MBA Programme for 5 years between 2008 and 2014.
He was elected to serve as the Dean, Faculty of Administration between 2014 and 2016.
He has published over 90 journal articles and textbooks covering different areas of Accounting, Management and Entrepreneurship. Prof. Asaolu is currently a Council Member of the Chartered Institute of Stockbrokers and once served as a member of the Governing Board of both the Administrative Staff College of Nigeria (ASCON) and the Financial Institutions Training Centre. Professor Taiwo Asaolu has visited countries like USA, UK, Singapore, China, Canada, India, South Africa, Kenya, Uganda, Ethiopia, Ghana, Gambia, Senegal, UAE, etc.
