United Development Company has announced that Sheikh Ahmed Bin Nasser Bin Faleh Al-Thani was elected to the position of chairman, which carries three-year term, during a meeting of the newly elected board. The board also announced the appointment of Turki Mohamed Khaled Al-Khater as its vice chairman. He currently serves as president of Nasser Bin Faleh Al-Thani Group and is a member of the board of directors of Commercial Bank of Qatar.