Originally Posted by Unregistered

Base on my recruitment experience so far if you compare international banks and big pharma like GSK, Norvatis, Pfizer, Roche etc. I would say the equivalent for BO/MO is roughly:

AVP - Assistant Manager / Analyst
VP - Local Manager / Senior Analyst
SVP - Regional Manager
MD - Regional Director

The only difference in banking is they tend to create a lot of sub levels like VP1, VP2, VP3 etc. which is more or less the same thing and for recognition of experience or years of service.

It used to be that once you reach MD in a bank you are considered to have "make it", but nowadays many banks have inflated their titles so badly that a bank can literally have a few hundred to a few thousand MDs which means many entry level MDs are not strictly MD either in terms of pay or rank.