For Managing Director Meaning?

A managing director is someone who is responsible for the daily operations of a company, organization, or corporate division. In some countries, the term is equivalent to CEO (Chief Executive Officer) the executive head of a company.

Is MD higher than CEO?

The CEO is at the highest position in a company. ... They also rank higher than the vice president and many times, the Managing Director. They only report to the board of directors and the chairperson of the board of directors. The Managing Director on the other hand has a vastly different place in the hierarchical order.

Is managing director the same as CEO?

Unlike “CEO”, “managing director” (MD) is not a legal term under the CA. ... An MD may be appointed from within the board of directors of the company (in other words, the MD is a member of the board of directors) The directors are in charge of managing the day-to-day business of the company.