Yentob, who has faced calls to resign since August, said in a statement Thursday: “The BBC is going through particularly challenging times and I have come to believe that the speculation about Kids Company and the media coverage revolving around my role is proving a serious distraction.”He will stand down from his executive role as creative director, for which he receives around £180,000 annually, at the end of the year. However, Yentob will continue as a presenter, including fronting the arts series Imagine.Yentob, 68, has been at the BBC since the late 1960s and held numerous senior positions. He is one of the best-connected figures in Britain’s television industry. But he is also one of its most controversial, regularly attacked by the corporation’s critics in the press for enjoying a “fat cat” lifestyle at the public’s expense.A major source of criticism has been that he draws more than one income from the BBC: his executive salary and another for his presenting work that does not have to be disclosed for commercial and creative reasons.Yentob was accused of interfering with the BBC’s coverage of the Kids Company scandal, but Lord Hall of Birkenhead, the BBC’s director-general, said Thursday that the BBC had concluded this was not true.“Alan is a towering figure in television, the arts, and a creative force for good in Britain,” Hall said in a statement. “I am pleased that Alan will be continuing his brilliant work as a programme maker at the BBC in the future.” LONDON — The BBC’s creative director has resigned, saying that the ongoing coverage about his involvement with a failed children’s charity had become a “serious distraction” for the U.K.’s public broadcaster.Alan Yentob, one of the BBC’s most senior executives, has been embroiled in controversy for months after Kids Company, a charity for disadvantaged and vulnerable children, shut down amid allegations of financial mismanagement.The collapse of the high-profile charity, where Yentob was chairman, has reverberated through Britain’s political establishment. Revelations that the Prime Minister David Cameron intervened to keep the charity afloat, despite repeated warnings from civil servants, raised questions about favoritism.