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

  • Campus Security honours victims of the Kamloops Residential School

    This week, Campus Security has put on orange epaulets in shared grief and to pay our respects to the children of the Kamloops Residential School, their families and communities.

    Read more: Campus Security honours victims of the Kamloops Residential School
  • Changes to support VPFO Finance  priorities

    Over the past few weeks, Vice-President Peter Smailes and our portfolio leadership team have shared their insights into how our unit priorities align with our portfolio strategic plan. We would like to share more specific details about one of those initiatives, a change to how the VPFO’s internal finance teams are structured. 

    Read more: Changes to support VPFO Finance  priorities
  • Operational Excellence Website Launches

    UBC and the VPFO are currently undergoing a series of transformational changes. Our new Operational Excellence team has been created to help us navigate these changes. Visit the newly launched website to learn more about what Operational Excellence does and…

    Read more: Operational Excellence Website Launches
  • UniForum activity on hold until fall 2021

    With the impact of COVID-19 and the implementation of Workday last fall, UBC decided to put UniForum activity on hold for 2020/2021. Over the next few months, you will be hearing more about this year’s UniForum program from the Uniforum…

    Read more: UniForum activity on hold until fall 2021
  • Access Services joins Campus Security in Safety and Risk Services (SRS)

    Safety & Risk Services is excited to announce that Access Services is transitioning from Student Housing and Community Services (SHCS) to Campus Security in SRS, effective Monday, May 31, 2021.

    Read more: Access Services joins Campus Security in Safety and Risk Services (SRS)

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…

    Read more: Get to know the senior leadership team: Parveen Mann
  • 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…

    Read more: Derek Ho joins Safety & Risk Services as Lead Advisor, Privacy & Information Security Risk
  • 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…

    Read more: Get to know the senior leadership team: Yale Loh
  • 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…

    Read more: Get to know the senior leadership team: Rae Ann Aldridge
  • 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.”

    Read more: Get to know the senior leadership team: Frank Laezza