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| Ebrahim Mubarak al-Sulaiti |
The appointment, which was approved by the board of directors yesterday, 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, UDC said.
“I am proud to welcome 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 QNB including in his recent role as general manager (General Services and Special Projects). He also previously served as QNB’s executive director (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. UDC firms established in 2011 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.