He was born in Kristiania as a son of wholesaler Ragnvald Bredo Lunde (1889–1964) and housewife Bergljot Iversen (1892–1987).
[1] Among others, he participated in the D-Day invasion, surviving the sinking of his ship, the destroyer HNoMS Svenner.
He chaired the Marinens Reserveoffiserers Forbund from 1948 to 1957, and received four veterancy awards between 1976 and 1991.
He was a board member of Elkjøp from 1963 to 1983, Norges Handels- og Sjøfartstidende from 1970 to 1978, Det Norske Oljeselskap from 1971 to 1989, a member of the supervisory board of Norges Bank from 1990 to 1993 and of the corporate assembly of Oslo Sporveier from 1996 to 2000.
He was a deputy member of the board of Oslo Port Authority from 1996 to 2000, and of the corporate assembly of Nationaltheatret from 1998 to 2000.