Chief Adebayo Adekola Adelabu is a former deputy governor, operations of the Central Bank of Nigeria and currently serving as the federal minister of power of Nigeria. He was born to Aderibigbe Adelabu of Oke-Oluokun compound, Kudeti Area in Ibadan. His grandfather is Adegoke Adelabu. Adelabu attended Ibadan Municipal Government primary school, Agodi Ibadan from 1976 to 1982 and Lagelu Grammar School, Ibadan from 1982 to 1987. He received a first class degree in Accounting from Obafemi Awolowo University, Ile-Ife. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), a Fellow of Chartered Institute of Bankers of Nigeria and an Associate Member of the Institute of Directors of Nigeria and the United Kingdom. Adelabu has also taken up professional courses in various business schools, including Harvard, Stanford, Wharton, Columbia, Kelloggs, Euromoney, and the University of London. Chief Adebayo Adekola Adelabu is also a businessman and has investments spanning the hospitality, entertainment, agriculture and real estate industries. He is the Group Chairman of Bayse One Group of Hotels, the Best Western Plus Hotels, Ibadan and Bayse One Farm. Adelabu received the honour as Officer of the Order of the Federal Republic (OFR) on 11th of October, 2022. He was made minister of power by President Bola Ahmed Tinubu on 16 August, 2023.