United Development Company (UDC), one of Qatar’s major publicly traded shareholding companies, has appointed Ebrahim Mubarak Al-Sulaiti as its new Chief Executive Officer (CEO).
The appointment, which was approved by the Board of Directors, will see Al Sulaiti serve under the leadership of a newly appointed Executive Committee formed by the UDC Board.
With a degree in Architecture from the University of Miami, Florida, Al-Sulaiti brings to the role a wealth of technical and business experience. “I am proud to welcome Mr. Ebrahim Mubarak Al-Sulaiti as CEO of United Development Company,” said UDC Chairman Hussain Ibrahim Alfardan.
“As we move into a new phase of consolidation and growth, his background in engineering and business will ensure UDC is continuing its trajectory under wise stewardship. United Development Company will benefit from his years of experience managing at an operation that is a model in the financial industry.”
Until his appointment as CEO, Al Sulaiti, who is a member of the prestigious AIA, has worked in progressively important management roles at Qatar National Bank (QNB), including in his most recent role as General Manager, General Services and Special Projects. He also previously served as QNB’s Executive Director of Projects and Buildings.
The master developer of The Pearl-Qatar, the Middle East’s most innovative urban development, UDC was established in 1999 and listed on the Qatar Exchange in June 2003.
Companies under its umbrella include United Fashion Company, Ronautica Middle East and United Hospitality Company. Companies established in 2011 under the umbrella of United Development Company include Madinainova, United Facilities Management Company and The Pearl Owners Corporation.
UDC has developed into the first-choice private sector and joint venture partner for international investors in Qatar, and has successfully established several new companies and investment vehicles across the region.
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