The Redeemed Christian Church of God’s City of David Parish in Lagos has named Pastor Kayode Pitan as its new leader.
He will take over for Pastor Charles Kpandei, who has been acting as the interim pastor ever since Pastor Idowu Iluyomade was suspended.
Church Times Nigeria said on Sunday that Pitan’s appointment came after Iluyomade was placed on leave because of some accusations.
Although some media sources first said that Pitan had assumed control, Kpandei has been in charge of the parish since June after Iluyomade was suspended.
According to the agency, a key RCCG source informed Church Times that Pitan is now formally appointed as the City of David’s incumbent pastor.
The decision was reportedly made by the church’s ruling council during the just finished conference.
Prior to his new position, Pitan was the Pastor in Charge of the Tabernacle of David in Region 51 and the Regional Pastor.
His extensive corporate experience is expected to contribute significantly to the effective management of the Trinity Tower project and the overall leadership of the City of David parish.
With his appointment, Pitan now oversees Region 20, with the City of David serving as its headquarters.
Pastor Ben Akabueze will step in as the Assistant Pastor in Charge of Region 20.
Kpandei, who was temporarily assigned to RCCG City of David, has returned to his previous role as Pastor in Charge of Region 11 in Lekki.
Church Times reports that Pitan’s appointment marks the end of Iluyomade’s tenure at the City of David parish.
Pitan completed his graduate studies in the US and returned to Nigeria 37 years ago, making significant strides in banking and finance.
According to Church Times, he worked at Citi Bank before resigning to establish his own finance house, which collapsed in 1993, resulting in a $3 million loss. This setback led him to deepen his Christian faith.
He served as the Managing Director and CEO of the Bank of Industry (BoI) from July 2015, focusing on industrialisation and SME support.
Known for his strategic impact, he led the bank for five years and began a second term in 2022. He resigned in 2023 amid a government reshuffle under President Bola Tinubu.