Mr Arokodare started his career with NEM Insurance Company Plc. He served in various capacities in the banking industry and became the Deputy General Manager and the Acting MD/CEO of an investment bank. He later joined the oil industry as the Group General Manager (Accounts) of The Nigeria National Petroleum Corporation (NNPC) and was later the Group Executive Director (Finance & Accounts) of the Corporation.
Mr Arokodare holds a first degree in Accountancy from the University of Nigeria, Nsukka (best student both in the Department and in the Faculty of Business Administration). He also holds an MBA degree in Management & Finance from the University of Lagos. He is also a fellow of The Association of Chartered Certified Accountants (FCCA) of the United Kingdom and a 1996 Fellow of The Institute of Chartered Accountants of Nigeria (FCA).