Who is “Managing Director (MD)” and who is ‘Chairmen’ in office or industry?

Managing Directors Managing Director means a person who, by virtue of an agreement with the company or of a resolution passed by the company in a general .A managing director is responsible for new business development. He/she helps to bring new clients to the firm. In this way, the MD is similar to a high level salesperson.The job of a managing director includes various administrative tasks and managerial roles.Managing Director is a key job title in investment banking firms.

The chairman is the presiding officer of an assembly, meeting, committee, or boardThe chairman, also simply known as the chair is the highest officer of an organized group such as a board committee, or deliberative assembly.A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization.

The both MD and the Chairman deals with lot of human resources and so they need highly efficient in human relations.

Managing Direcor(MD) is the top most executive level employee,but Chairman is the owner/sponsor of the office/ndustry/organization.

Managing Director is the highest senior management position; the person who is also a Board of Director and managing the day to day affairs of the company from the top. He is responsibile to take all important decision of the company. He is responsible and answerable to the Board members about the successful operations or failure of the organisation.

Chairman is the Head among the Board of Directors, who is responsible for the corporate governance and appointment of other directors, MD and CEO. He is the one who is actually running the show from the top.