There are media reports Pastor Obayemi has taken over the leadership General Overseer of the Redeemed Christian Church of God.
Pastor Enoch Adeboye has been reported to have tendered his retirement while Obayemi will now be the leader of the church.
According to sources within the church, Obayemi was the deputy in charge of Finance and a member of governing council.
The Redeemed Christian Church of God is one of the largest Pentecostal Christian churches in the world with over 50 million members worldwide.
The church has not issued an official statement on the matter as at the time of writing this report.