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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Legal Opinion Confirms the Way Forward to Divestment
On Dec. 5, 2019, the Board of Governors formally directed VP Finance and UBC Counsel to lay out a pathway to full divestment of the university’s main endowment. Now the university has received a legal opinion which further confirms the…
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Statement on passing of Robert H. Lee
It is with deep sadness and a great sense of loss that we learned of the passing of Dr. Robert (Bob) H. Lee, CM, OBC, former Chancellor of UBC and Chairman of UBC Properties Trust on February 19, 2020.
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2019/2020 Year End Schedule Now Available
The university’s fiscal year end of March 31, 2020, is fast approaching, and similar to prior years UBC’s financial teams have collaborated on a schedule to support the university community in closing out the fiscal year for accounting purposes.
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T4/T4A statements are now available online
UBC issues tax slips online as PDFs that are identical to the printed form, and are accepted by the Canada Revenue Agency (CRA) when filing your taxes.
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Pink Shirt Day at the VPFO: February 26
This year, Pink Shirt Day is February 26 and the VPFO will be celebrating diversity and inclusion in our portfolio with cake and coffee events for our entire team.
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.”