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if you have wondered what the difference is between the roles of a ceo and an md then you are not alone they are both among the most senior and essential leaders at any organization but there are some differences while this differs from organization to organization a basic corporate hierarchy structure goes something like this it begins with executives who work in a team under a manager this manager is one among many others from different departments above the managers come the directors of the different departments the vice presidents are in charge of those directors after that comes the other c-suite executives who all report to the ceo then comes the managing director who sometimes may even work alongside the ceo and finally the board of directors typically a ceo is at the highest level of hierarchy at any organization their job includes overseeing all areas of the company such as company policies strategic goals and the smooth functioning of different departments they are also res