Ex-BoI MD replaces Iluyomade at RCCG City of David

By Lillian Edward

Former Managing Director of the Bank of Industry (BoI), Pastor Kayode Pitan, has been appointed as the new pastor of the City of David Parish in Lagos, under the Redeemed Christian Church of God (RCCG).

He will succeed Pastor Charles Kpandei, who has been serving as the interim pastor following the suspension of Pastor Idowu Iluyomade.

The news of Pitan’s appointment was confirmed by Church Times Nigeria on Sunday. According to the report, Pitan’s new role comes after Iluyomade was suspended due to undisclosed allegations. Although some media outlets previously reported that Pitan had already assumed his duties, it was actually Kpandei who had been leading the parish since June, shortly after Iluyomade’s suspension.

A reliable source within the RCCG informed Church Times that Pitan has now been formally designated as the incumbent pastor of the City of David Parish. The decision was reportedly made by the church’s governing council during the recently concluded RCCG convention.

Before his appointment to the City of David Parish, Pastor Pitan served as the Pastor in Charge of the Tabernacle of David in Region 51 and held the position of Regional Pastor.

His extensive experience in the corporate world is expected to play a crucial role in the management of the ongoing Trinity Tower project and in providing overall leadership at the City of David Parish.

With this new role, Pastor Pitan will oversee Region 20, with the City of David serving as its headquarters. Pastor Ben Akabueze will assist him as the Assistant Pastor in Charge of Region 20. Meanwhile, Pastor Kpandei, who temporarily led the City of David Parish, has returned to his previous position as Pastor in Charge of Region 11 in Lekki.

Pitan’s appointment marks the official end of Pastor Idowu Iluyomade’s tenure at the City of David Parish. His leadership journey is notable for its combination of spiritual dedication and corporate acumen.

After completing his graduate studies in the United States, Pitan returned to Nigeria 37 years ago and made significant strides in the banking and finance sectors.

Before his entry into the ministry, he worked at Citi Bank and later founded his own finance house. However, the venture collapsed in 1993, resulting in a $3 million loss, an event that led him to deepen 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 SME support.

His leadership was marked by strategic impact, and he was reappointed for a second term in 2022. He eventually resigned in 2023 amid a government reshuffle under President Bola Tinubu.

Pastor Kayode Pitan’s new role at the City of David Parish is anticipated to bring both spiritual and administrative growth to the church, building on his vast experience and dedication to his faith.

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