Welcome to the VP Finance & Operations portfolio
The nine divisions of the VPFO are responsible for the stewardship of UBC’s physical and financial assets, as well as safety and risk management for our university community.
We oversee a $3.98 billion budget, a $3.38 billion endowment, and all facilities on both campuses, as well as managing the university’s relationships with UBC Investment Management and UBC Properties Trust. In all the portfolio’s responsibilities, we are committed to the values of innovation, unity and accountability.

VPFO Strategic Plan 2024–2027
Having a strategic plan gives us a clear path, keeping everyone on the same page. Learn more about where we’re going next and how we plan to get there.
News from the VPFO
-
Enhancing seismic resilience at UBC
Since 2012, UBC has invested more than $200 million in seismic upgrades to buildings and infrastructure. Read more on the UBC News website.
-
UBC Board of Governors approves balanced operating budget for 2025/26
UBC is projecting a balanced financial position as part of its 2025/26 budget, approved by the university’s Board of Governors this week.
-
Considering buying Canadian?
With the recent developments regarding Canada’s response to U.S. tariffs, many questions have been raised regarding purchases at UBC. Visit UBC’s Finance portal for more information regarding supporting Canadian suppliers and navigating U.S. tariffs (CWL Required).
-
Building the Future of Finance at UBC
Finance Transformation brings new tools, new roles, and a stronger, more connected Finance Community.
-
Re-installation of the “Symbols for Education” mural now complete outside Brock Commons South
With Brock Commons South now complete, the Symbols for Education mural is successfully reinstalled. This effort was led by Pam Troyer, Project Manager, and Victor Wong, Project Coordinator, from Facilities.
People of the VPFO
-
Get to know the senior leadership team: Parveen Mann
Fostering a culture of purpose driven leadership, get to know Parveen Mann, Director, Human Resources and her leadership vision: “I believe that if we focus on our collective purpose, collaborate and build trust with each other, and continuously learn and…
-
Derek Ho joins Safety & Risk Services as Lead Advisor, Privacy & Information Security Risk
Derek Ho joins Safety & Risk Services’ Privacy & Information Security Management (PrISM) team as Lead Advisor in Privacy & Information Security Risk. The SRS PrISM team delivers privacy and security risk assessments, campus-wide training and risk advisory services to…
-
Get to know the senior leadership team: Yale Loh
Fostering a culture of purpose driven leadership, get to know Yale Loh, Treasurer and his leadership vision: “I am a leader of a high-performing and accountable team that is driven by shared values and success, open dialogue, transparency, and orientation…
-
Get to know the senior leadership team: Rae Ann Aldridge
Fostering a culture of purpose driven leadership, get to know Rae Ann Aldridge, Executive Director, Safety & Risk Services and her leadership vision: “I am a highly collaborative leader who works with her teams to inspire, influence and innovate towards…
-
Get to know the senior leadership team: Frank Laezza
Fostering a culture of purpose driven leadership, get to know Frank Laezza, VP Finance & Operations and his leadership vision: “I am committed, through my mentorship, collaboration and open communication, to fostering a culture of purpose-driven leadership within the VPFO.”