Who is superior between MD and CEO?

The roles of Managing Director (MD) and Chief Executive Officer (CEO) can vary depending on the company's structure and country. Typically, the CEO is the highest-ranking executive responsible for overall operations and strategic direction, while the MD often focuses on day-to-day management and implementation of company policies. In some organizations, the roles may overlap, but generally, the CEO holds a broader authority and is considered superior to the MD. However, in certain contexts, the MD may also be the CEO, leading to a lack of clear superiority between the two titles.