In 1950 Bol was awarded the Thérèse van Duyl-Schwartze Prize and in 1982 he was made Knight in the Order of the Netherlands Lion.

After moving to Eindhoven in 1935, he held corporate jobs at Bata Shoes and Philips.

During the second world war he turned to art, first studying with Jan Heesters and later on at the Royal Academy of Art in The Hague with Paul Citroen, Han van Dam and Henk Meijer.

Around that time Bol shared a studio with René Smeets, the first chair of the Design Academy Eindhoven.

At the Design Academy Eindhoven, back at the Royal Academy of Art and in his studio Bol educated scores of art students, among whom Helen Berman, Frans Clement, Els Coppens-van de Rijt, Frank Dekkers, Frank Letterie, Har Sanders, and Hans van Vroonhoven.