"The time is right for me to start a new chapter in my career and seek out different opportunities," he said.
Hayward, who joined the company in 2004 from a similar post with Star Television, was responsible for overseeing pan-regional sales and leveraging MTV Networks' portfolio of brands in Asia across its on-air, online, on-ground and mobile platforms. MTV is looking to fill Hayward's role. MTV chiefs said the "advertising sales group will continue to deliver strategic, integrated, multi-platform marketing partnerships for clients on regional and global levels".