The institute, which is a sister organisation to retail Islamic super fund Crescent Wealth, has named Western Sydney University chancellor Peter Shergold as its new chair.
Professor Shergold served as secretary of the Department of the Prime Minister and Cabinet from 2003 to 2008 and has also worked as a senior public servant for four prime ministers and eight ministers in both Labor and Coalition governments.
Crescent Wealth founder and managing director Talal Yassine has taken the role of company secretary.
Mr Yassine had spent more than 10 years at PricewaterhouseCoopers and law firm Dunhill Madden Butler before joining investment company Babcock & Brown.
Crescent Wealth chief strategy officer Vanessa Liell has also joined the institute board.
Other board director appointments include Deloitte Australia director Affy Bhatti, Ten Network national affairs editor Hugh Riminton, PageGroup managing director for Australia and New Zealand Matthew Gribble and Legal Exchange Lawyers lawyer and registered migration agent Sara Mansour.
Cross-cultural consultant Tasneem Chopra and LiveHire and World Scout Foundation Australian Chapter chair Geoff Morgan have also taken seats on the board.
Professor Shergold commented: “It’s an honour to be given the chance to chair such an important piece of Australia’s diversity jigsaw puzzle.”
“The Crescent Institute, over the past 20 years, has led many important discussions around a broad range of topics from sexism in the public sector to the defeat of extremism and the future of liberal democracy.
“At the heart of the [institute’s discussions] is inclusivity and that is something I plan to champion during my tenure as chair.”
Mr Yassine commented he hopes to see the institute grow and continue to add its perspective to the national discourse, with its new board of directors assembled.
“From humble beginnings, the Crescent Institute has grown and thrived as Australians from across the political spectrum, cultural divide, politics, the business community and the media have come together to share their ideas in an inclusive diverse environment,” he said.
“When I started the Crescent Institute in 1999, I never could have imagined something as unique and important to the country’s social fabric growing from that idea.”
Previously the institute has hosted speakers at its functions such as former prime ministers Kevin Rudd and Tony Abbott, as well as media personality Waleed Aly, Volt Bank managing director Steve Weston and Latitude Financial Services chief executive Ahmed Fahour.
Sarah Simpkins
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].
