CTS General Manager Liu Chang-de resigns, urges political parties to resolve board deadlock

Liu Chang-de has officially resigned as the General Manager of CTS (Chinatrust Commercial Bank), a move confirmed by the station on Monday. Liu's departure stems from the impending expiration of his academic loan period, which is set to conclude on July 31. He plans to return to his teaching position at National Chengchi University's Journalism Department.

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The Public Television Service Foundation board, which oversees CTS, has been in a state of extension since early this year. The board's term was originally set to end in May 2025, but a stalled review process prevented the timely selection of a full board of directors, leading to the current extended term.

The Public Television Service (PTS) Foundation's board, which oversees CTS, has been in a state of extension since early this year. The board's term was originally set to end in May 2025, but a stalled review process prevented the timely selection of a full board of directors, leading to the current extended term.

Liu Chang-de highlighted the challenges faced by PTS and CTS due to external political factors hindering the timely election of the PTS Foundation board. He stressed that this situation significantly impacts the long-term planning and governance of CTS and the broader PTS group. Liu reiterated his call for the Ministry of Culture, along with the legislative caucuses of the Kuomintang (KMT) and Taiwan People's Party (TPP), to expedite the process of selecting new board members for the PTS Foundation.

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Due to external political factors pulling and tugging, the PTS Foundation cannot smoothly elect a new board on time, which brings great challenges to the long-term planning and governance of CTS and the PTS Group.

CTS operates with a dual identity, serving both public broadcasting functions and engaging in commercial competition, a structural issue that has led to accumulated losses estimated between 3.5 to 4 billion New Taiwan dollars. During Liu's tenure, he focused on strengthening the station's sports broadcasting, including coverage of the Paris Olympics. However, he also faced criticism for CTS's failure to participate in major events like the World Baseball Classic. His resignation, attributed to the loan period expiration, raises questions about whether it reflects systemic issues or operational pressures.

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Therefore, I once again publicly appeal to the competent authority, the Ministry of Culture, and the legislative caucuses of the Kuomintang and the Taiwan People's Party, which are responsible for recommending PTS board review committee members according to law, to promote the election of new PTS Foundation board members as soon as possible to resolve the deadlock.