Crescent Foundation appoints investment banker to its board

Crescent Foundation, the charity backed by Islamic super fund Crescent Wealth, has appointed former JP Morgan investment banker Ben Wong to its board.

The appointment coincides with the Foundation's plans to form more public and private partnerships, believing them to be catalysts for change and a way of removing barriers to achievement for refugees and those less well off in society.

Currently, Wong is the managing director of MA Financial Group, formerly Moelis Australia, and has more than 20 years of experience in the financial services industry.

A technology specialist, he has advised clients on a variety of deals including cross-border mergers and acquisitions and equity capital markets transactions.

Crescent Foundation board chair Bob Carr said he was delighted to have attracted someone with Wong's experience, distinctive skill set, and wide financial services network.

"Like others on the board, he believes the most vulnerable in our society are precious, need support, and deserve a hand up. With his knowledge and network, he will help us find new partners to work with to achieve this."

Wong said: "I am delighted to join the Crescent Foundation to continue their work and efforts to make an impact on the community, specifically those from a refugee and migrant background.

"I believe strongly in the talent and work ethic in these communities. Once they are provided with the opportunities many take for granted, they flourish and drive positive impacts for the next generation."