Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697632958648.pdf (Australia)
The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 Table of Contents History ........................................................................................................................................................ 3 Executive Summary .............................................................................................................................. 6 Overview of MMB .................................................................................................................................... 8 Strategic Technology Alliances ..................................................................................................... 9 Educational Technologies and Methodologies ....................................................................... 10 MMB Pilot Program – A partnership in proof of concept ................................................... 11 Observations and recommendations by MMB ........................................................................... 12 Recommendations concerning Accountability and Transparency .................................. 12 Australia’s Example to the World ............................................................................................... 13 Reporting and Managing Foreign Aid........................................................................................ 13 The Effect of Aid Programs to Date ........................................................................................... 13 The Special Role of Women in the Indo-Pacific Region ..................................................... 13 The Work Ahead ............................................................................................................................... 14 Opportunity to Piggyback on Progress ..................................................................................... 14 Integrating Foreign Aid and Local Initiatives ........................................................................ 15 Foreign Aid Provided by Individuals .......................................................................................... 15 Foreign Aid Provided by Business .............................................................................................. 16 Relationship Between Aid and Trade.
....................................................................................... 16 Contributions by the Government to Foreign Aid ................................................................ 17 The MMB Model of Effective Foreign Aid ..................................................................................... 17 The Multiplication of Effectiveness of Foreign Aid ............................................................... 18 Appendices .............................................................................................................................................. 20 Founder Biographies ....................................................................................................................... 20 Alan Morgan – Founder MMB ................................................................................................... 20 Dr. Marzuki Usman – Co Founder MMB ............................................................................... 22 Founders Statement ........................................................................................................................ 24 5 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 Executive Summary Australia is a major contributor to foreign aid in the Indo-Pacific region, mindful of its philanthropic responsibilities and the good relations these efforts foster between nations.
MMB sees many opportunities to enhance the efficacy and reporting of foreign aid and further opportunities to track the effectiveness of contributions from their source to the intended beneficiaries.

It is submitted that, while foreign aid can point to significant progress, accountability of funds can be enhanced.

A better reporting mechanism will give the Australian government the means to develop continuous improvement in its policy with immediate visibility of the effectiveness of that policy.
MMB has observed that women, against great odds, continue to shine as responsible recipients of assistance in the Indonesian community.

Although access to our programs are entirely unbiased towards any group, it is our view that a greater percentage of women will rise to the top of our program graduates and will therefore be more likely to qualify for financial aid from our grants and/or loans program.
Having travelled in Indonesia and experienced the impressive economic growth over the last 6 years, it is discouraging to note that the average improvement in wealth has, in many cases, opened an even wider gap between those who have prospered and those who have not.

It is obvious to MMB that economic prosperity has not reached all Indonesians equally.

This is a problem that MMB’s programs can address and would like to discuss in more detail during the Inquiry.
It is possible to bring opportunities to all equally.

We feel there is an opportunity to minimise the disparity between the classes.

On the other hand, the inspiring progress of Indonesia’s battle against poverty does provide encouragement and an opportunity to leverage these successes.

Those who have prospered through our programs and/or in their own right may assist others to do the same through MMB’s programs.
To date, successful MMB program recipients are Paying-It-Forward by providing support and inspiration to those currently going through the program.

We envisage leveraging this going forward through a Community Leadership Program.
6 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 MMB has forged valued and trusted partnerships with individuals and enterprises in both Indonesia and Australia which are providing various levels of support to MMB’s initiatives in order to achieve our objectives.

These local relationships are underlined by our Co-Founder, Mr Marzuki Usman, who is a highly respected Indonesian of note.
It is submitted that the right programs are those which best engage the local communities and empower them to eliminate poverty from within.

We submit that such programs will show other communities and other nations within the Indo-Pacific region how to better tackle poverty and drive economic growth from the ground up.

We visualise the impact of this program on other communities to be like ripples of prosperity and optimism, spreading from successful communities to those who are inspired by that success.
The Committee may be aware that, in addition to existing Indonesian government aid initiatives, possibly supported by Australian foreign aid funding, Indonesian corporations are legally required to contribute 5% of their EBIT towards Community and Social Responsibility (CSR) programs and initiatives to aid in the reduction of poverty and related programs.

This translates to an estimated AUD$1b+ annually from Indonesian corporations alone.
The reported frequent misuse of monies destined for social development and poverty reduction programs within Indonesia is obviously a concern for governments and organisations from outside Indonesia providing, or intending to provide, financial support to the community either directly or indirectly.

MMB has experienced firsthand massive waste and inappropriate use of funding presumably aimed at CSR programs or government funded poverty reduction initiatives.
The collective funds of corporate CSR obligations and Indonesian government programs provides an abundance of funding available for the community.

In partnership with MMB and other NGO’s, the Australian government has the ability to improve effectiveness and accountability of these programs.
We submit that MMB’s programs for the delivery of foreign aid represent an approach which has been carefully researched and structured in a way that would assist the Australian government in establishing a more effective, measurable and robust foreign aid program, more directly targeted to benefit those in need.
7 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 Overview of MMB MMB is an innovative world first NGO delivering personal Prosperity ProgramsTM to alleviate poverty.

We achieve this by changing the understanding our members have of personal and business money management, and the delivery of real world proven business strategies with applicable methodologies to maximise retention.
We reinforce our programs with a system of mentors who guide and assist our members both during their studies and afterwards, when running their own businesses.

We monitor our performance through a world first combination of integrated real- time live data feeds which track the performance and economic effectiveness of our impact in the community.
In order to further our objectives and deliver truly measureable results, MMB has forged strategic alliances and partnerships with BNI, Microsoft, Telkom Indonesia as well as being a member of the United Nations Global Compact.

We have also developed partnerships with Udayana and Warmadewa Universities in Bali and Gadjah Mada University in Jogjakarta, Java.
Our proven track record is forged in the success of our trials over the past three years, in the mentoring of young Indonesians and the creation of several new small businesses which have raised their owners out of poverty.

These include, but are not limited to, Kids Safe Bali, providing portable pool safety-fencing solutions and Mr Trusted, being a business carrying out small and medium building repair and renovation projects.
These and other real-world examples have completely authenticated our approach, becoming self-running successes and providing ongoing employment for a growing number of people.

The mentoring process is core to MMB’s methodology and is, perhaps, fundamental to our success; ensuring that the knowledge we impart is fully understood and appropriately implemented so none of our members are left behind.
Our Community Mentors are fully trained to be able to answer questions about MMB’s programs, provide effective support and business strategies, and ‘Senior Mentors’ are available when an issue needs to be escalated.

While MMB’s current programs are only available to a limited number of members, the implementation of our new, fully integrated, highly scalable and consolidated programs is scheduled for September/October 2014 and will enable us to significantly extend our reach into the community.
This will support many thousands of people via 8 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 a proven mentoring network and technology platform which will extend this reach almost infinitely.

MMB’s poverty alleviation programs work because they target the core reason why people remain impoverished.
Without the understanding of how money works, both personally and in business, many people will remain poor, no matter how much they earn or are given.

MMB has proven that educational programs plus mentorship creates viable business owners and happy employees.
To maximise our reach within the community MMB has forged partnerships with Microsoft and Telkom to provide an MMB Tablet which would be given to members on a free and/or no-interest-loan basis; loaded with MMB/Microsoft software and connected by a ‘Free for the Duration’ internet link and the Mentor Call Centre.

This would be the major portal for accessing MMB courseware online, and then using the same device for actually running their businesses using the MMB Smarter Business tools and bookkeeping apps.
All of which provides valuable data input for MMB’s Ripple CalculatorTM.

Strategic Technology Alliances The efficacy of our programs has been underpinned by our strategic technology alliances which provide a more formal and scalable system to roll out to as many people as is required within the community.

This is being created by a dedicated team of experts on the ground in Bali.
Our partnerships with Microsoft and Telkom will assist in providing the software, hardware and connectivity we require, and with Bank Negara Indonesia (BNI) we are creating a window into the real-time financial performance of our members.

Courseware is being created by business people and academics, taking the essentials, and distilling and streamlining them to create accessible multi-sensory lessons and illustrations.
The programs are simple enough to benefit people with all levels of comprehension - expanded courseware will enable business owners to develop their skills to a greater degree and employ a larger number of people.

Alongside Microsoft Indonesia, we are creating the ‘MMB Business in a Box’ solution which will be used during a member’s studies and thereafter to manage their businesses.
This will include access to all of MMB’s courseware and knowledge base, applications to operate bank accounts, bookkeeping and other aspects of business management.

9 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 We are close to a final agreement with Telkom Indonesia to sponsor a dedicated tablet device so we can provide them at low or no cost to our members.
This would be the major portal for accessing MMB courseware online, and then using the same device for actually running their business.

These devices will be assigned fast internet connections at no charge for the duration of members’ studies, and then at low cost thereafter.
BNI has worked with MMB to create new bank accounts for MMB members through which MMB will have an unparalleled level of abstracted visibility; providing an aggregate quantification of members’ financial performance, rather than an intrusive view of specific account activity.
Combining the above data feeds will provide the required information to create a live view of MMB’s effectiveness in real terms and will be displayed on an online configurable display – MMB’s Ripple CalculatorTM - to communicate our performance and impact within target communities.
Educational Technologies and Methodologies In order to facilitate accelerated learning and maximise retention, MMB leverages modern learning philosophies, techniques and technologies to present information in a variety of ways to suit different people’s personal learning preferences including visual, verbal, auditory and kinaesthetic learning.

Thus ensuring maximum comprehension, retention, enjoyment and ease of learning.
The core elements of lessons are written in normal prose, supported by video and audio files and optional delivery via our RapidMentorTM speed reading technology which is a no-eye-movement text delivery system based on technologies from our alliance with Spritz Inc.

This is reinforced by creative presentations and kinaesthetic learning ‘games’ which give a hands-on approach to topics which may be difficult for some people to understand in other ways.
An example of how RapidMentorTM works can be seen by Clicking Here then clicking the Rapid Mentor icon in the top right.

MMB courses are delivered via the Moodle online educational framework which serves to present the courses and manage student registrations and progress.

10 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 Courses are developed in English and then translated into Indonesian.
This gives us fine control over the delivery of the specific topics we want to teach but also allows English-speaking people from other countries to benefit from our course materials.

In future we hope to translate our core material into the language of all the countries in which we will operate.

Continual assessment will ensure that information has been translated into knowledge.
Student progress and test scores will be available to mentors to facilitate extra assistance in the areas which might be needed.

MMB Pilot Program – A partnership in proof of concept The following should not be considered a funding submission; however, should the Australian government choose to operate a Pilot Program to prove up the MMB model as a viable foreign aid initiative, we would welcome the opportunity to make a submission in this regard.
Our objective is to partner with the Australian government to roll out an extended pilot program throughout Indonesia over a two year period, with a medium-sized investment from Australian foreign aid of AUD $3m per year, being a total of $6m, to shift our implementation program into the ‘next gear’.
We will expand and finalise our courseware, recruit and train more teams of Community Mentors, develop deeper and wider community relationships and expand and implement our new-technology programs with our strategic partners to facilitate our programs and provide the measurability and reportability through our live Ripple CalculatorTM.
By the end of 2014 we intend expanding our mentoring activities to include a larger Mentor Call Centre to support our members throughout Indonesia, thus extending our reach in the community.
We estimate that our annual administrative costs, creating courseware and setting up the required expanded operational systems will not exceed AUD $800,000 per year, enabling us to target the remaining AUD$4.4m funding directly into grants and/or interest free loans for the community of approximately $500 to $4,000 per successful candidate.
We anticipate the average to be $1,500 per individual and therefore this translates to assisting more than 3,000 people in the community within the 2 year Pilot Program period alone.

It should be noted that with the operational funding referred to above, that MMB’s programs have the capacity to assist many tens of thousands of individuals, as not all MMB members would require or qualify for grants or loans.
Many existing businesses would simply benefit from better money management skills and further business education.

11 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 Small business grants and/or interest free loans would only be made available to those members who successfully complete our courses, have met our grant criteria and who show promise in being able to run a successful business.
Experience shows us that comparatively small funding for each individual creates significantly positive economic ripples in local communities.

All MMB members undertaking our programs are required to open personal, and if appropriate, a small business bank account with our partner bank (BNI), and keep accurate and up to date records in MMB’s bookkeeping application.
This ensures our Ripple CalculatorTM maintains complete and accurate financial and performance records; providing us with unprecedented visibility and transparency of the effectiveness of our programs.
At any time during or post the completion of the Pilot Program, based on the milestones achieved by the Pilot Programs, the Australian government would have the option to expand the reach of the program to further leverage the successes, or withdraw from continuance of the programs as the government deems appropriate.
Observations and recommendations by MMB Based on over 30 years of management of philanthropic endeavours in Australia and Indonesia as well as 3 years hands on experience working voluntarily within following Indonesia with recommendations, supported by discussion.

local people and businesses, MMB submits the Recommendations concerning Accountability and Transparency MMB has experienced firsthand how funds can be diminished or augmented depending on how those funds are managed in the field: 1.
The recipient countries have programs in place to fight the dissipation of funds destined for the underprivileged.

The dissipation comes about because bureaucratic processes and practices facilitate the misuse of funds.

Because this culture of ineffectual practices is now so well entrenched and commonly reported, there are now anti-corruption bodies in place which deal with this.
For example, The Bali Times (Friday 25th April 2014) reported an Airport Parking Scam which netted hefty sentences for those convicted.

The United Nations Global Compact, of which MMB is a member, requires that businesses should work against corruption in all its forms including extortion and bribery.

12 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 2.
On the other hand, proper management in the field can attract local involvement and funding to significantly multiply the efforts of Australian donations.

This submission will cover how MMB has incorporated this in its programs to end poverty.

Australia’s Example to the World Australia can justifiably be proud of being in the top ten donor Nations of foreign aid.

Reporting and Managing Foreign Aid Australia is known for its concern for its less fortunate neighbours.
In addition, there are many new Australians and foreign nationals who send significant aid to their families and communities overseas.

From MMB’s observations in Indonesia, there are also many individuals and businesses which contribute randomly to causes as they find them.

MMB submits that Australia should measure total foreign aid, including the aid provided by businesses and individuals.

Much of this aid is difficult to track so that reporting foreign aid may not be accurate or timely.
A similar system to our proposed Family@HomeTM card could be established, which also captures and tracks foreign aid contributions by Australian businesses which could be supported by similar incentives as outlined and/or enhanced tax incentives.

The Effect of Aid Programs to Date South East Asian countries, including Indonesia, have initiated programs to reduce poverty.
Although aid provided to these countries appears to be paying off as evidenced by the overall economic growth across the region, we believe this is largely due to the nominal trickledown effect of overall economic prosperity rather than solely as a result of aid.

MMB believes our programs will improve the distribution and effectiveness of aid donations and drive real economic prosperity where it is needed most.
The Special Role of Women in the Indo-Pacific Region The Committee’s predisposition of boosting assistance to women is welcome.

It has been noted by major charities, like Room-to-Read, that the return on assistance to 13 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 women has been the most beneficial to communities.

There are some cultural factors which influence this success: 1.
There are bound to be as many talented women as there are men but it is often expected that women will serve in the domestic environment.

The family budget frequently does not permit girls to benefit from the same level of education as boys.

2.

The second cultural consideration is perhaps even more important.

It was discovered by Grameen Bank in Bangladesh that lending to women was a better investment in the community than lending to men.
Women are often seen to utilise the available resources in a more creative way.

we understand 3.

It has been noted that, with age, many people become resigned to failure.

This despondency is more prevalent in men than in women and starts at an earlier age.

Those who no longer believe in the possibility of success will be more difficult to assist.

Women have a greater determination to avoid the destructive spending associated with despondency.
MMB’s programs are designed to benefit everyone and will be accessible to women everywhere, in the workplace and at home.

We will actively promote our seminars and programs to women and strongly suggest that husbands bring their wives along to introductory seminars and are active participants in our programs.

Our grant application will explicitly quantify the involvement of women in their businesses.
We expect that a disproportionally high percentage of our graduates and successful business owners will be women.

The Work Ahead Of course the benefits of economic growth have not reached everyone, which the averaging of reported results does not show, especially in cities like Jakarta and the desperate situation in rural areas.

MMB is keen that the delivery of aid is more closely monitored at grass-roots levels.
This is where Australia can gain an improved level of visibility by embracing a data reporting system as outlined by MMB.

Opportunity to Piggyback on Progress The efforts of fighting poverty have created underemployment where, previously, there was limited employment.
There are many people who have benefitted from aid and development programs who have had their standard of living increased but still 14 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 hover below and above the poverty line.

It follows that targeting these people will give greater returns for less investment than trying to assist the desperately poor who will also benefit from the general rise in prosperity of the community.
The despondency which arises from poverty and underemployment can now be tackled through training and ongoing mentorship.

Integrating Foreign Aid and Local Initiatives MMB is engaging with universities and private businesses to continue to explore other ways to help reduce underemployment and deliver wealth to communities which have been excluded in periods of economic growth.

As we are engaging various parties, we are building the relationships and partnerships needed to deliver on our programs.
MMB agrees that it is time to “reinvigorate Australia’s approach to aid and economic development”.

MMB has identified visibility, accountability and transparency to be significant challenges to any organisation operating in Indonesia.

We believe our systems will create a new standard for reporting of an NGO’s performance and the responsible application of aid and we look forward to discussing these in even greater detail.
Foreign Aid Provided by Individuals We appreciate the considerable contribution of government and business to the funding of foreign aid programs, but we would like to draw the committee’s attention to an area of funding, already in place, which may be being overlooked and unreported.

It is known that many people living and working in Australia send money home to their families in Asia and it would be helpful to measure these almost silent contributions.
At the moment this aid is not necessarily reported to the government.

There is an opportunity to enhance Australia’s image by measuring this significant contribution to countries in Asia.

Australia could integrate programs which will multiply the effectiveness of these contributions in various ways.

Perhaps a portion of the foreign aid budget can be apportioned to creating simple schemes to boost the amount of this individually funded aid.
We would like to recommend the establishment of a Family@HomeTM card scheme which would facilitate low cost international funds transfers; as well as preferential exchange rates 15 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 between correspondent banks.
This would substantially increase the amount of money reaching those who need it and provide the Australian government with a low cost, highly visible view of the previously unseen foreign aid contributions from the private sector.

Establishment of our proposed Family@HomeTM card would easily and rapidly be achieved through a partner Australian Bank.

Both Commonwealth Bank and ANZ Bank have branches in Indonesia and would gain significant commercial benefits from establishing such a program.
Foreign Aid Provided by Business Without an effective reporting system, private sector contributions cannot necessarily be accurately quantified or demonstrate long term benefits.

It is difficult to hold the huge numbers of private sector initiatives accountable to their own programs, let alone the government policy through which they successfully applied for assistance or gained tax incentives.
The introduction of a favourable corporate donation scheme with tax incentives for government approved initiatives could address this.

The interests of a business is profit.

A company may have charitable inclinations but must always justify expenditure to shareholders.

The charitable expenditure could be justified on the basis of market penetration, brand recognition, reciprocal benefits (such as land to build factories or favourable legislation) or favourable treatment in some other way.
The Australian government may improve the ease and effectiveness of charitable contributions at the diplomatic level when there is evidence of good will of the donor and a measurable outcome for the recipient community such as MMB’s real time live data feeds and reporting systems (Ripple CalculatorTM).

Relationship Between Aid and Trade.

This discussion may be likened to the chicken or egg question.

Foreign aid, in its various forms will bring Australia closer to recipient countries.
Foreign aid builds roads between countries, their industries and other organisations.

Businesses are inclined to follow the roads built by foreign aid.

Similarly, an Australian business operating in an Asian country is likely to be motivated to improve its image by contributing to the host nation.

In this case the aid flows after the business has located to the recipient nation, but such aid can frequently be ad-hoc or impulsive and therefore somewhat ineffectual.
We have seen many examples of social and community programs in Indonesia which fall short of their objectives.

To track the 16 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 relationship between aid and trade, the MMB Ripple CalculatorTM recommended above, may be what this Inquiry is looking for.

There are many businesses with varied approaches to public relations.
It is not usually questioned whether such approaches are in the interests of Australia’s long- term commitment to closer relationships with Indo-Pacific countries.

Without accountability such connections would be incidental.

MMB submits that Australia should ensure that there is a common method of accountability for aid which is delivered in impulsive ways.

For example, businesses may be able to report on the increase in employment provided by their donations or sponsorship.
Our Mentors will report on the effectiveness of donated funds provided through MMB.

Contributions by the Government to Foreign Aid To support programs that appear to implement Australia’s foreign policy, the government might consider an equal contribution program (or some calculated ratio of assistance) for all programs delivered by companies registered in the countries of the region.

As this is a blanket type of encouragement, the qualification might be minimal.
At this level, Australia does not need to endorse programs, individuals or businesses.

The auditing requirements may be minimal but behind the scenes, Australia can exercise greater due diligence.

Such programs will give considerable freedom to individuals and businesses to try new ideas.

Through an accountability system such as MMB’s Family@HomeTM card and Ripple CalculatorTM schemes the government will have immediate feedback.
MMB works with Indonesian businesses as well as Australian businesses in a cooperative approach which seeks to widen effectiveness through local participation.

The MMB Model of Effective Foreign Aid MMB’s focus is on the elimination of poverty through effective education for all who wish to improve their situation.

We see the improvement of each individual as leading to the improvement of their community and generate ripples of prosperity.
See the attached PowerPoint slides for a comprehensive explanation of the elements of this program.
MMB has been mindful of the interests of both Australia and Indonesia in developing programs which enhance relevant education that will lead to improvement in 17 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 Appendices Founder Biographies Alan Morgan – Founder MMB Alan is the philanthropic Founder and CEO of MMB.
Originally from Australia and now living in Indonesia, Alan has almost 30 years of success in business, ranging from small businesses to major commercial enterprises.

He has also trained, educated and motivated over 10,000 people on better personal money management and small business in his role as an entrepreneurial and motivational speaker.

Much of his busy career also included a focus on philanthropic work to help those less fortunate.
As a lifelong traveller to more than 40 nations, Alan’s passion for researching and understanding the local economic, cultural, political and living standards in many countries around the world has made him a fountain of knowledge on what it takes to become prosperous on limited resources.

In mid-2010, Alan semi-retired early (Age 44) to focus his efforts on helping those in need become better informed and capable of achieving prosperity.
His philanthropic work and life experiences has resulted in the development and establishment of MMB.

The first of its kind in the world, MMB is an Indonesian based Not-For-Profit organisation offering a unique Prosperity Programs consisting of free seminars and short courses on personal money management and free small business start-up courses to low income and/or underprivileged applicants in developing countries.
The MMB Prosperity Programs provides each successful applicant with a free personal money management course, small business course, and if successful in these courses, a small business start-up grant of up to 40,000,000 Rupiah (approx.

AUD$4,000) may be made available to assist each graduate in establishing a sustainable and growing business.
MMB’s unique world first Prosperity Programs are further supported by ongoing mentorship from MMB’s team of experienced Business Mentors and shared bookkeeping and marketing service to ensure each participant’s small business optimises its potential.
20 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 Background of Alan Morgan Alan is a 48 year old Mergers & Acquisitions Adviser, Broker and Business Consultant with a career spanning almost 30 years as an entrepreneur, senior executive in the financial services sector, investment banking and broking, general business consulting, and is a leading business development and growth strategist.
Alan has successfully established numerous small to medium enterprises and has an impressive history of buying, selling and merging many businesses in a wide range of industries.
Alan started his career in real estate in 1983; however, his entrepreneurial drive and aptitude for financial services, development of new and innovative financial products and services, and general management skills saw him launch a unique financial services wholesale/retail lending business which he developed into one of the largest finance services businesses of its kind in Australia.
Alan was Chief Adviser on more than 10,000 successful and unique commercial, business and property transactions before he was 30 years old.

Principally involving creative deal structuring, complex deal negotiation and unique financing.
With many decades of practical and personal experience in business, finance, and executive management at all levels of business ranging from SME’s to corporations, funds management and investments, lending, and a myriad of business enterprises, Alan has a unique insight into what works and what doesn’t, and how to extract maximum value for his clients.
From simple exit strategies, such as a sale of a business for individuals or partners, to the most sophisticated management buyouts, trade sales, mergers or acquisitions (M&A), few have the depth of experience or capabilities to achieve excellence through the outcomes he delivers for his clients.
With more than three decades of having virtually Done-It-All many many times over, Alan is a no-nonsense; speak his mind fountain of knowledge on best value extraction or deal structuring, and the necessary sensibilities, commercial practicalities and proven strategies to achieve it.
In addition to his role in Mentor MicroBank Foundation, Alan is on the board of directors of several Australian companies and Trusts, and is the founding Senior Partner of Acquisition Partners Pty Ltd, being a Melbourne based Mergers and Acquisitions (M&A) company with numerous regional offices in Hong Kong, Singapore and Jakarta.
21 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 Alan has extensive experience throughout Asia, particularly Singapore and Indonesia, and speaks English and is becoming conversationally proficient in Bahasa Indonesian.

Dr. Marzuki Usman – Co Founder MMB Dr. Marzuki Usman was born in Mersam, Jambi on December 30, 1943.
Mr Marzuki Usman has graduated bachelor from Gadjah Mada University, Faculty of Economics, majoring in Money and Banking in 1969.

In 1975 he continued his education to earn Master of Arts in Economics from Duke University, Durham, North Carolina, USA.

He started his career for government as a staff Directorate General of Finance, Ministry of Finance, in 1969.
Then he worked at Directorate General of Monetary, Ministry of Finance, from 1977 to 1988, and he was once promoted to be the Director of Investment and State of Wealth, then to be the Director of Financial Institutions and Accounting.

In 1988 he was promoted to be the chairman for the Capital Market Agency until 1991.

Then he was head of Training Institutions, Ministry of Finance from 1991-1995.
After that, he was in charge of Ministry of Finance Think Tank, i.e., Fiscal and Monetary Affairs Institute from 1995 until 1998.

Besides, he became the chairman of Indonesian Association of Economist, Jakarta branch, from 1988 to 1993.

Then he became the chairman of Indonesian Association of Economist, Nation Wide, from 1993 until 2000.

In 1993 he was appointed to be the chairman of Negotiation Delegate in Trade, Investment, Finance and Industry in Geneva, Switzerland.
He was appointed to be a member of House of Representative as the chairman of Independent Faction from 1999 until 2001.

He was once appointed to be the Secretary to State Minister of State Own Enterprise in 1998.

Then he was appointed to be Minister for Tourism, Arts and Culture, he was also appointed to be State Minister for Investment, and Minister ad interim for Justice Department.

He has been appointed to be the Minister for Forestry from March 2001 until August 2001.
He has been appointed to be Regional Chairman of PKB (Nation Awakening Party) for DKI Jakarta, from January 2002 until April 2005.

He was member of Commissioner Board at bank BBD from 1981 to 1987, and at Bank BDN from 1988 to 1998.

He joined Bank BDNI as a member of the commissioner Board from 1983 to 1989.

He has been appointed to be the fifth chairman of the Indonesian Forum Foundation from 1991 until 2000.
He was an advisor at ABN – AMRO Bank, and International member of Advisory Board of NASDAQ in New York in 1994, as well.

He appointed as a Senior Advisor to Indonesia Stock Exchange Market since 1997 up to present, and a as Senior Advisor at Ernst and Young, Singapore, in 22 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 1999.

He joint The Grant Thornton Indonesia, from March 2002 until March 2003.

He was a Vice Commissaries of PT.


Bank Ganesha since June 2004—2007.

He was a Commissaries Independent of PT.

Sari Husada, Tbk, Jakarta in 7 December 2005 until January 2010.

He was as a Senior Advisor of Rama Insurance company in July 2004—2006.

He was appointed as Senior Advisor of Tabanan District, Province of Bali, in 22 September 2004 until 2007.

He has also worked as a lecturer at many universities such as Gadjah Mada University and at University of Indonesia.
He was lecturers at National Planning Program, Sekolah Tinggi Ilmu Ekonomi, and Lembaga Pengembangan Perbankan Indonesia.

He has been appointed to be a member of National Board at Indonesia Banker Institute, a member of IPMI Board, and a member of Magister Program in management of Gadjah Mada University.

Involvement in the Community and Political Organizations, he was member of Muhammadiyah Youth in Jambi in 1960 until 1963.
From 1963 until 1966 he was member of Muslim Students Association Yogyakarta Branch.

In 1967 until 1969, he was member of the Board for Muhammadiyah Students Association in Yogyakarta.

He was member of Indonesian Corps of Civil Servants (KORPRI) from 1969 until 1998.

From 1976 until 1998 he was member of Golongan Karya (GOLKAR), and 1998 until 1999, he was member of Advisory Board for GOLKAR.

He has been a member of Economic Council for Muhammadiyah, since 1999 up to now.
In 1997 he was member of People Council Assembly.

And from 1999 until 2001, he was Chairman for the Independent Faction in the People Council Assembly (MPR) Republic of Indonesia.

He earned “the Lancana Karya Satya-20 years” award, in 1996, “Bintang Jasa Utama” award, in 1997 and “Bintang Mahaputera Adipradana” award, in 1999 from the Government of Indonesia.

Currently, he serves as Chairman of Mazars advisory board Asia Pacific.
In addition, he also holds the following positions: President Commissaries of PT.

Alam Sutera, Tbk; President Commissaries of PTPN VI (PT.

Perkebunan Nusantara VI), Board of Commissaries of AIA Assurance, Board of commissaries of PT.

Cahaya Pelangi Persada; President Commissaries of PT.

Restorasi Habitat Orangutan Indonesia (RHOI), 2010—up to present; He appointed also as President Commissaries of PT.

Citra Borneo Indah, August 2011-up to present; and as Commissaries of PT.
Cipaganti group, since October 2011-up to present.
Chairman of steering committee of ISEA (Indonesian Senior Executive Association); Chairman 23 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24 The role of the private sector in promoting economic growth and reducing poverty in the Indo-Pacific regionSubmission 24