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.
Noun. 1. executive director-a person responsible for the administration of a business. executive. administrator, decision maker-someone who administers a business.business executive, corporate executive-an executive in a business corporation.. (Commerce) a member of the board of directors of a company who is also an employee (usually full-time) of that company and who often has a specified area of responsibility, such as finance or production.