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
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Annual Drinking Water Quality Monitoring program report is now available
This report re-affirms UBC’s commitment to deliver safe and high-quality drinking water, and outlines the Drink Water Quality Monitoring Program and its results for the year 2020.
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Update on Air Canada Refunds for UBC
Air Canada recently revised their COVID-19 refund policy, and as UBC is a corporate account holder the university is centralizing this refund for members of our community who booked through the UBC Travel Program.
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Asset Replacement & Improvements joining Infrastructure Development
The Asset Replacement & Improvement (AR&I) division, including the Transition Team and Construction Office, has started the process of joining with Infrastructure Development to form a new, unified, project delivery team for the Facilities Group.
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BC Ministry of Advanced Education building auditors will be on campus starting June 21
BC Ministry of Advanced Education has contracted VFA Canada to audit 136 buildings on the UBC Point Grey campus starting June 21 to the end of January 2022. The last audit was undertaken in 2018.
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Procurement Modernization update — Sharing our service delivery levels
Since Workday go-live our Financial Operations and Operational Excellence teams in the VPFO have been developing ways to share key metrics relating to service delivery that are pulled from UBC’s new HR and Finance system.
People of the VPFO
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Raffaela Mendel joins Treasury Team as a Senior Treasury Analyst
Raffaela will support the building and refinement of the long-term corporate financial model, along with providing analytical support for other strategic initiatives across campus.
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Rae Ann Aldridge appointed as Executive Director, Safety & Risk Services
In her new role, Rae Ann will be charged with working across campus to enhance UBC’s safety and security. She will be responsible for leading Safety & Risk Services, a new department which is the result of a merger between…
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Living and Breathing Service: Recognizing the People of the VPFO
VPFO strategic plan asks us to inspire great people. There’s nothing more inspiring than our Presidential Award-winning co-workers and how their dedication and service makes a daily difference at UBC.
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Dawn Jia Announced as President and CEO of UBC IMANT
In her role, Dawn will be responsible for the overall investment management of UBC IMANT’s portfolios, including the selection and oversight of institutional investment fund managers, and ensuring that UBC IMANT’s strategic and operating objectives are achieved.