Sources close to the organisation said Ralebitso might have had reservations about working with newly elected president Danisa Baloyi and head of policy Mzwanele Manyi.
There was concern that the issue surrounding Baloyi, who was fired from the Absa board, had not been resolved when she took up her position at the BBC, which Ralebitso allegedly viewed as "counterproductive". She was fired over her involvement in Fidentia, which had been an alleged Ponzi scheme and was dismantled by the Financial Services Board.
It was also claimed that Ralebitso may have not liked the fact that Manyi was pulling the BBC "into the Gupta space".
The BBC seems to be divided over its leadership's stance on issues facing the country and its support for President Jacob Zuma. The CEO's resignation comes shortly after he had pledged his support, along with 80 other CEOs, for Finance Minister Pravin Gordhan.
However, Baloyi denied there were problems in the organisation because Ralebitso's name had appeared on the list of CEOs who said they were against Gordhan's prosecution.
"As you know we are active participants in the CEOs' initiative and he has been there since the beginning, almost the beginning," Baloyi said.
"As the BBC, we couldn't have said, 'You signed a pledge therefore there is a problem'."
Ralebitso said he was not lost to the BBC and would remain a member. Speculation that he was leaving because he had joined the CEO initiative in support of Gordhan was "laughable", he said.
The BBC is seen to be supporting Zuma. Although other business leaders, such as AngloGold Ashanti chairman Sipho Pityana, have called for the president to step down, the BBC said he should see out his term.
Former BBC deputy president Sandile Zungu, who has always been a strong supporter of Zuma, said in September that removing the president would create an atmosphere of political instability in the country.
However, not all the BBC's affiliates seemed to feel the same about the president, with some distancing themselves from the statement supporting Zuma. They said that they still needed to obtain mandates from their members.
Source: Business Day
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