
Somsak Kosaisuk will be leader the party and Suriyasai Katasila be secretary general.
The name was decided during a meeting of 21 core leaders of PAD on Tuesday.
The PAD convened a meeting Tuesday's morning to unveil its plans for party-formation this afternoon.
The PAD is expected to finalise the preparations in order to commence the party registration process within this week, PAD spokesman Suriyasai Katasila earlier said.
To satisfy the registration requirement, the PAD will pick a tentative party name and an interim party leader who will be among the 20 party founders, he said.
"It is possible that one of the five PAD leaders will be tasked to lead the party pending the convening of a party convention to install the leadership," he said.
The name of the PAD-led party and the nomination of the party leader will be finalised within two months after commencing the registration process.
The new party is expected to solicit 5,000 members and set up branches in all the four regions within the one-year deadline. It also plans to an early completion of the registration process in order to contest the next general election.