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TeachMeFinance.com - explain President historic definition...
President -- The chief executive officer of a stock company
is the president and he also presides (is chairman) at meetings
of the board of directors, except when the office of chairman of
the board exists in addition to the office of president.
The president of a bank is its executive head. In Great
Britain the head of a bank is the governor, as in the case of
the Bank of England, or the manager ; in Canada the head of
a bank is the manager general or manager resident.
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