The development marks an expansion of Yip’s current duties, which include overseeing advertising sales at MediaCorp’s Channel NewsAsia, radio stations, Today newspaper and a stable of 16 magazines.
Yip becomes EVP of sales; his previous radio MD role will be handled by deputy CEO of news, radio and print Shaun Seow until a replacement is found.
Yip’s enlarged portfolio will also see him taking charge of the airtimes sales at the company’s general entertainment channels, which was previously handled by Ang.
According to a MediaCorp statement, Ang has resigned to pursue other interests; deputy CEO Chang Long Jong will cover his MediaCorp Studios duties in the interim.