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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Claiming home office expenses — updated CRA guidance
Recognizing the special circumstances of the 2020 tax year, the CRA has announced two new ways employees may be able to claim home office expenses.
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John Metras, UBC’s AVP Facilities to speak at St. john’s College’s Hot Lunch speaker series
On January 27, St. John’s College’s Hot Lunch speaker series invites you to meet over lunch with a group of our colleagues from across the university, and share thoughts and conversations about how we might work toward the goal of…
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Steven Bao Joins UBC as Finance Director, Special Projects
Starting January 11th Steven will be working with the Karamjeet Heer in the Comptroller’s portfolio, with a focus on financial reporting matters.
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Join virtual open house on UBCO in downtown Kelowna
Join us virtually on January 19 at 7 p.m. to learn more about this initiative and share your thoughts during a virtual open house. In partnership with UBC Properties Trust, UBC Okanagan is planning a new building in downtown Kelowna.…
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Spreading some holiday cheer at UBC Hospital’s Patient Park
After the water feature was shut down at UBC Hospital’s Patient Park for the winter months, lights were installed in the park to spread some holiday cheer! Building Operations’ Streets & Operations Support (SOS) team wanted to brighten the park…
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.”