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 executive director is an essential member of the corporate body who oversees various management functions as well as operations within the company.he Board of Directors looks for those candidates who have specific training. There is a need to acquire sufficient experience within the corporate body through which the aspiring executive director can understand the internal operations of a company.