FinDev Canada—a wholly-owned subsidiary of Export Development Canada (EDC)—is pleased to announce the appointment of its first official board of directors.

“We welcome these directors who now comprise the first official board of FinDev Canada, which I’m proud to say is gender balanced,” said Mairead Lavery, President and CEO of EDC and Chair of FinDev Canada. “Together, board directors bring the international experience, skills and expertise needed to help FinDev Canada achieve its mission to support the growth and sustainability of private businesses in developing countries. In doing so, FinDev Canada can help strengthen those economies, create jobs, and reduce poverty.”

Gender issues and women’s economic empowerment are the focal point of FinDev Canada’s activities. “Our board will help support FinDev Canada’s passion for building a dynamic and innovative development finance institution that will drive impact, especially for women. In fact, we have placed the United Nations’ Sustainable Development Goal 5—Gender Equality—at the center of what we do,” said Paul Lamontagne, managing director of FinDev Canada.

“We welcome our new board appointees, but at the same time we express our gratitude to those past and present members of the EDC Board of Directors who served in an interim capacity on the FinDev Canada board, and provided the necessary leadership during the past year since the organization’s inception,” added Ms. Lavery.

Board appointees include the addition of four independent board members as noted (**) in the list below.

Board of directors

  1. Mairead Lavery, Board Chair, Ottawa, Ontario
  2. Mimi Alemayehou, Dakar, Senegal**
  3. Pierre Boivin, Sainte-Foy, Quebec
  4. Albert Essien, Accra, Ghana**
  5. Anne Gaboury, Quebec, Quebec**
  6. Karna Gupta, Oakville, Ontario
  7. Paul Lamontagne, Managing Director, Montreal, Quebec
  8. Elliot Lifson, Montreal, Quebec
  9. Karen MacWilliam, Wolfville, Nova Scotia
  10. Andrea Stairs Krishnappa, Toronto, Ontario
  11. Jeffrey Steiner, Toronto, Ontario**

About FinDev Canada

The Development Finance Institute Canada Inc., operating under the FinDev Canada brand, is a Canadian institution dedicated to providing financial services to the private sector in developing countries with the aim of combating poverty through economic growth by focusing on three main themes: economic development through job creation, women's economic empowerment, and climate change mitigation. The Development Finance Institute Canada Inc. is a wholly owned subsidiary of Export Development Canada (EDC). Find out more about FinDev Canada here.

For more information, please contact: 

Angela Rodriguez 
FinDev Canada
Tel: 514-673-7154

About EDC

Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad. EDC has the financial products and knowledge Canadian companies need to confidently enter new markets, reduce financial risk and grow their business as they go from local to global. Together, EDC and Canadian companies are building a more prosperous, stronger and sustainable economy for all Canadians.

For more information and to learn how we can help your company, call us at 1-800-229-0575 or visit