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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Video: Virtual Hot Lunch with John Metras
John Metras, Associate Vice-President, Facilities presented at St. John College’s Virtual Hot Lunch Series on January 27, 2021. If you missed the Virtual Hot Lunch with John, or would like to revisit the talk, the event can be viewed on the St John…
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Public consultation for School of Biomedical Engineering
The proposal is for a 14,530 sq. m 5-storey academic building containing teaching, research, and administrative space for the UBC School of Biomedical Engineering. Two online public open house events will be held for this project on February 23, 2021.…
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Public consultation for Hydrogen Fueling Station
A hydrogen generation and refueling station is proposed for Thunderbird Boulevard west of the Thunderbird Parkade. The project is part of the UBC Clean Energy Research Centre’s Clean, Connected, and Safe Transportation Testbed. The virtual public open house event will…
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Pre-Approved Suppliers Now Available for Reusable Non-Medical Masks
In order to facilitate the sourcing and purchasing of masks at UBC, the Financial Operations team — in partnership with UBC’s Safety & Risk Services department — has secured non-exclusive contracts and fixed pricing with three qualified suppliers on an…
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UBC Completes Initial Transitioning of Funds Through the Responsible Investing Strategy
As part of UBC’s commitment to a low-carbon, sustainable future and divesting the endowment, the university is pleased to share that $34M of endowment funds have been transitioned to fossil-fuel-free investments.
People of the VPFO
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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…
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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…
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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…
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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…
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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.”