Stephen Nairne – Managing Director

Mr. Nairne has served as the Lundin Foundation's Managing Director since 2007. He serves on the Advisory Board of several SME funds and companies in Sub-Saharan Africa and is concurrently appointed as an Adjunct Professor at the University of British Columbia, where he teaches courses on Country and Project Risk Analysis in Developing Countries and African Political Economy. Prior to joining the Lundin Foundation, Mr. Nairne served as Deputy Director with Canada's Department of Foreign Affairs and International Trade's Pacific Office and as Senior Political Risk Analyst at Export Development Canada. He holds a Bachelor of Commerce degree from McGill University and a Master of Arts from the Norman Paterson School of International Affairs at Carleton University.


Cornelio Delgado – Director, Local Content

Cornelio joined the Lundin Foundation in July 2015 and is responsible for designing and implementing strategic initiatives which leverages the opportunities arising from extractive industry operations to benefit locally impacted communities in Latin America. Cornelio brings 15 years of experience in economic development, investment attraction, public-private partnerships and value chain development, and has worked with international agencies such as USAID, Carana and the World Bank. As the vice-minister of Production and Competitiveness in Ecuador he led the development of the National Corporation for Investment Attraction.  Cornelio has BA in Economics and Sustainable Development, a Diploma in International Economic Relations and a Master's Degree in Public Administration with focus in Mining and Supply Chain Development from Queen's University.



Ka-Hay leads the Foundation’s corporate partnership activities in Africa and Europe and is responsible for the Foundation's innovation strategy. She joined the Foundation in February 2011 expanding the Foundation’s portfolio of impact investments – including deal sourcing, closing and monitoring investments. In 2013 she relocated to Nairobi to open and lead the Foundation’s regional office. With nearly 10 years of experience working with SMEs and private sector development in Africa, Ka-Hay brings deep insight into the inner workings of small businesses and the evolving business models required to serve rural African markets. She also brings two years of experience in corporate social responsibility advisory services and holds a degree in engineering from the University of British Columbia.


Joanne Liu – manager, Finance and Accounting

Joanne joined the Lundin Foundation since January 2014 and provides strategic leadership in accounting and finance management.  She has over 10 years of experience in various for-profit and non-profit organizations. Her expertise lies within providing comprehensive accounting functions and financial reporting, monitoring operational efficiencies and implementing controls and procedures. 

She holds a Bachelor of Arts degree from University of British Columbia (UBC), and a Diploma of Technology in Financial Management from British Columbia Institute of Technology (BCIT).  She obtained her Certified General Accountant (CGA) designation in 2013.


Joy Muballe – Regional director, East and southern Africa

Joy Muballe manages the Foundation’s activities in East and Southern Africa.  Prior to joining the Foundation, Joy was project manager of the Clean Energy Program at Equity Bank in Kenya, focused on scaling access to clean household energy technologies through the Bank micro lending programs. Ms. Muballe has also co-founded an IT services company and worked as a market analyst with Aga Khan University, assessing feasibility of regional expansion of the faculty programs. Ms. Muballe holds an MBA from Vlerick Business School in Belgium where she attended as a Kofi Annan Fellow.


Anna Samake – regional director, Central and West Africa

Anna joined the Foundation in August 2012 and manages the Foundation’s activities in West and Central Africa including the Foundation’s West Africa Technical Assistance Facility.  Anna brings over 17 years of experience in banking, micro-finance and entrepreneurship development in West Africa.  Anna Samaké has a MBA from Quebec University in Montreal and has a Maitrise Degree in Private Law from National Administration School, Mali.