RCCG City of David Appoints Top Banker New Pastor As Iluyomade’s Saga Ends

Pastor Kayode Pitan has been named the new pastor of the City of David Parish in Lagos, a prominent branch of the Redeemed Christian Church of God (RCCG).

Pitan takes over from Pastor Charles Kpandei, who had been serving as the interim pastor following the suspension of Pastor Idowu Iluyomade.

According to a report by Church Times Nigeria, Pitan’s appointment followed Iluyomade’s suspension, which was linked to unspecified allegations. Although some media outlets previously reported that Pitan had already assumed leadership of the parish, it was actually Kpandei who had been leading the congregation since June.

A high-ranking source within the RCCG informed Church Times that the church’s governing council formally appointed Pitan as the new pastor during the recently concluded church convention. Before this appointment, Pitan was the Pastor in Charge of the Tabernacle of David in Region 51 and also served as a Regional Pastor.

Pitan’s extensive background in the corporate world is anticipated to play a crucial role in the management of the Trinity Tower project and the overall leadership of the City of David Parish. With this new role, he will also oversee Region 20, with the City of David serving as the regional headquarters.

Pastor Ben Akabueze has been appointed as the Assistant Pastor in Charge of Region 20. Meanwhile, Pastor Kpandei will return to his previous position as Pastor in Charge of Region 11, located in Lekki.

Pitan’s appointment marks the official end of Pastor Iluyomade’s tenure at the City of David Parish. Pitan, who completed his graduate studies in the United States, returned to Nigeria 37 years ago and made significant strides in the banking and finance sectors.

He had previously worked with Citi Bank before founding his own finance house, which unfortunately collapsed in 1993, resulting in a significant financial loss. This setback played a pivotal role in deepening his Christian faith.

Pitan went on to serve as the Managing Director and CEO of the Bank of Industry (BoI) from July 2015, where he focused on industrialization and supporting small and medium-sized enterprises (SMEs). His tenure at the BoI was marked by strategic initiatives, and he was reappointed for a second term in 2022. However, he resigned in 2023 amid a government reshuffle under President Bola Tinubu.
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