Lucas Chow, CEO and Director of MediaCorp Pte Ltd. announced his resignation from the company. Chow, who has held the top job at Singapore’s state broadcaster since 2005, lead the company through some of its most challenging years, including the global recession that started in 2009. MediaCorp’s Chairman, Teo Ming Kian said, “Lucas has built up MediaCorp to what it is today in the five years as its CEO…I am confident that with the robustness of MediaCorp and the commitment of its management and staff, that the transition to the next CEO will be a smooth one.” He added that a committee has been established to consider Chow’s successor from both outside and within the company. Chow said he plans to join another company which is in a different line of business. Before joining MediaCorp he was Chief Executive Officer of SingTel Mobile Division.