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Folajimi Alaba has a diverse work experience starting from 2008 when they worked as a Control Officer at Citi. Folajimi then moved on to work as an Application Support and Networks specialist at Management Support Systems Limited for a short period. In 2009, they joined PwC Nigeria as a Senior Consultant where they led teams on various audit engagements for financial services and oil and gas transport organizations. In 2014, they became a Team Lead for Financial Reporting at Keystone Bank Limited, where they were responsible for overseeing financial and management reporting, providing financial input for decision-making, and managing reporting team development. Folajimi later joined Unity Bank Plc in 2016 as the Head of Financial Control, where they played a key role in financial planning and budgeting.

From 2002 to 2007, Folajimi Alaba attended the Federal University of Technology Akure, where they earned a Bachelor of Engineering (B.E.) degree in Electrical and Electronics Engineering.