The managing director/chief executive is the most senior full-time executive of the company (except when there is an executive chair). The role of managing director and chief executive are virtually the same (the latter title originally comes from the US).
What is the responsibility of a Managing Director?
Managing Director is a professional responsible for the successful leadership and management of company's business. Managing Director supervises and stirrs all company's operations, people and ventures in order to maintain and grow business.
What are the qualifications of a Managing Director?
He or she should have completed twenty-five (25) years of age, but be less that the age of seventy (70) years. However, this age limit is not applicable if the appointment is approved by a special resolution passed by the company in general meeting or the approval of the Central Government is obtained.