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.
DEFINITION of 'Executive Director'. The senior operating officer or manager of an organization or corporation.Executive director titles (EDs) are frequently reserved for the heads of non-profit organizations, and their duties are similar to a chief executive officer's (CEO) duties of a for-profit company.he executive director is responsible for the day-to-day management of the organization, working with the Board of Directors, and operating within a budget. Next Up.