Malassezia (Tinea versicolor and Seborrhoeic dermatitis)

A 38-year-old man presents to the office with a 2-month history of itchy, white scales on the scalp. The patient reports that he has had the rash intermittently for many years, but could not recall the precise onset of symptoms. He endorses a greasy scaly rash on the face over the area between the nose and the mouth. Past medical history is noncontributory. Vitals are within normal limits. The physical examination is shown below. Which of the following is the most likely underlying association of this patient’s condition?
 
<sup>Reproduced from Wikimedia Commons

Reproduced from Wikimedia Commons</sup>