Lindsay Wallace, Director of Strategic Operations at Limestone Analytics, has been elected to the board of the Canadian Forum for Impact Investment and Development (CAFIID).
CAFIID is a community of individuals, organizations, and investors. It is a platform for members in development and economics to collectively strengthen the value and the volume of impact investment in developing countries.
Other Board of directors at CAFIID include members from Sarona, FinDev, DID, Convergence, MEDA, Greater Montreal Climate Fund, and Oikocredit. Further memberships are structured into four committees, including Learning, Collaboration, Operating Principles for Impact management, and Sustainability committees.
Notable organizations who collaborate within the committees come from organizations including MaRS, Rally Assets, iDE Canada, Deloitte, Deetken, Power of Voice, Convergence, AKFC, Mastercard Foundation, Cordiant Capital, Social Capital Partners, Frontier Markets Advisors, WUSC, and some expert independent consultants.
Wallace is a leading economist and impact measurement, specialist. Before joining Limestone, she worked as a Head of Impact for the Mastercard Foundation, where she oversaw impact measurement and evaluation for the Foundation’s $2B of investments. Other notable roles Wallace has held in the past include Deputy Director of the Financial Inclusion program at the Mastercard Foundation, where she oversaw $500m of blended finance investments. She also led economic growth programming for the UK Department for International Development in Rwanda. She was responsible for programming in trade, climate change, agriculture, land tenure reform, and financial inclusion. She also has public finance experience working with Ministries of Finance in Ontario, Rwanda, Sierra Leone, and Guyana in budget reform, expenditure forecasting, and fiscal transparency.
Recently Wallace developed CAFIID’s first report, ‘Through the Pandemic and Beyond‘ on Canadian Impact Investing in Emerging Frontier markets. It includes reviewing the Canadian impact investing landscape for international development, the volume of assets under management, the players, their strategies, and the products. The report offers prescriptions for much-needed change to advance Canada’s corporate and financial market contributions to achieving the Sustainable Development Goals and the Paris Agreement on Climate Change.
Along with extensive professional experience, Wallace holds an M.A Public Policy and Administration from Carleton University, an M.A Economics from the University of Toronto, and a B.A. Political Science and Economics from McGill University, Canada.
As a Board Member at CAFIID, she will contribute her expertise to forward the community’s vision to advance Canada’s contributions, and capital flows towards impact investment in developing countries, creating more sustainable and equitable communities.