Alade attended the University of Ife, Ile-Ife where she obtained a B.Sc (Hons) degree in Economics in 1976.
[6] Alade commenced her working career in 1977 with the Ministry of Finance and Economic Development, Ilorin, Kwara State.
She was actively involved in the drafting of the Medium Term Economic Programme (MTP) for Nigeria and the IMF staff Monitored Programme/Standby Arrangement.
Alade was present as deputy governor when it was announced that five Nigerian bank CEOs were being dismissed on 13th of August 2009.
[11][14] In November 2019, President Muhammadu Buhari appointed Alade as his Special Adviser on Finance and Economy.