Former managing director of Bank of Industry (BoI) Pastor Kayode Pitan has been appointed as the new pastor of the City of David Parish, Lagos of the Redeemed Christian Church of God (RCCG).
Pitan takes over from Pastor Charles Kpandei who was brought in in acting capacity following the suspension of Pastor Idowu Iluyomade over the church’s finances.
According to Church Times Nigeria on Sunday, RCCG’s governing council made the decision to appoint Pitan as incumbent pastor of the parish at the just-concluded convention of the church.
The “promotion and appointment of Pastor Kayode Pitan, put a closure to the reign of Pastor Idowu Iluyomade at RCCG City of David Parish,” a source quoted by the online platform said.
Pitan was hitherto the pastor in charge of the Tabernacle of David in Region 51 and also served as 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.
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.
Pitan led BoI for five years from July 2015 and began a second term in 2022.
He resigned in 2023 amid a government reshuffle under President Bola Tinubu.
