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

  • UBC ready for snow

    It’s five o’clock in the morning, snow has been falling for a few hours in Vancouver and slowly accumulating on the roads across the city. Building Operations crews are already brining, salting and plowing roads and pathways on the Vancouver…

    Read more: UBC ready for snow
  • Update: Next Steps Following Climate Emergency Declaration and Commitment to Divestment

    The climate crisis is one of the most pressing issues of our time and UBC wants to ensure that our community and the public is informed of the actions that the university is taking as a leader in sustainability and…

    Read more: Update: Next Steps Following Climate Emergency Declaration and Commitment to Divestment
  • Doug Cheung joins Treasury team in the position of Director, Treasury

    Doug will be overseeing cash management together with the strategic long-term modelling and will also be involved in strategic initiatives such as the GBE (Government Business Entity) project with Student Housing and Hospitality Services. 

    Read more: Doug Cheung joins Treasury team in the position of Director, Treasury
  • Switch to an online T4 statement for your chance to win an iPad

    UBC Payroll is giving away an iPad to one lucky faculty or staff member who makes the transition between now and the end of January to receive their T4 tax slip electronically, instead of in print.

    Read more: Switch to an online T4 statement for your chance to win an iPad
  • Stepping into the future: ending the age of steam at UBC

    On December 16, 2019, the last steam line at UBC was shut down, marking the end of an era and our acceleration towards achieving net-zero emissions prior to 2050.

    Read more: Stepping into the future: ending the age of steam at UBC

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