In general, the difference between a central government and a federal central government is that the autonomous statuses of self-governing regions exists by the sufferance of the central government and are often created through a process of devolution.
Managing Director Job Description. The Managing Director (MD) is the most senior role in any company. With ultimate responsibility for the companyâs performance the Managing Director will report in to the Chairman and shareholders whilst leading a Board of Directors. image source. The Managing Director is responsible for many aspects of the business.
The Managing Director of a Dutch limited liability company needs not be a Dutch resident or. national, and even a corporate entity may act as Managing Director. The Board of Management. (at least one (1) Managing Director) is responsible for the management and administration of the.