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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University cheque mailing resuming as normal starting December 17
Canada Post has announced it is resuming operations on Tuesday, December 17. All cheques produced for students, employees, and suppliers that were held for pickup at UBC during the postal strike will be mailed out with immediate effect.
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A warm thank you for an impressive 2024
As we approach the holiday season, I want to take a moment to express my sincere thanks for your incredible efforts and reflect on what the VPFO team has achieved in 2024.
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Please be aware of a ‘fake taxi’ scam at UBC Vancouver
Campus Security is aware of three incidents in recent days where members of the UBC community have been financially scammed by a “fake taxi”. If you are approached and asked to pay a fare for a taxi ride, please leave…
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Why your net pay may be lower in January
Canada Pension Plan (CPP) and Employment Insurance (EI) deductions have a yearly maximum earnings limit. Once these limits are reached during the calendar year, the deductions stop for the rest of the calendar year. Learn more on the Finance website.
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Metro Vancouver water crews conducting planned maintenance
Metro Vancouver water crews are working within the City of Vancouver December 3–5, which may cause cloudy water. The water is still safe for consumption and use.
People of the VPFO
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Sandy Liu joins the Comptoller team as Manager, Financial Planning & Analysis Operational Excellence
Sandy will be working closely with the Budgeting & Reporting team in support of continuous improvement within Financial Reporting and Financial Planning & Analysis.
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Stephen Li joins Facilites, Building Operations as Mechanical Engineer
Stephen is a Professional Mechanical Engineer and LEED Green Associate with over ten years’ experience in Metro Vancouver’s building consulting industry.
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Raffaela Mendel joins Treasury Team as a Senior Treasury Analyst
Raffaela will support the building and refinement of the long-term corporate financial model, along with providing analytical support for other strategic initiatives across campus.
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Rae Ann Aldridge appointed as Executive Director, Safety & Risk Services
In her new role, Rae Ann will be charged with working across campus to enhance UBC’s safety and security. She will be responsible for leading Safety & Risk Services, a new department which is the result of a merger between…
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Living and Breathing Service: Recognizing the People of the VPFO
VPFO strategic plan asks us to inspire great people. There’s nothing more inspiring than our Presidential Award-winning co-workers and how their dedication and service makes a daily difference at UBC.