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
-
Come out and watch Frank Laezza play in this year’s Battle of the Bats!
Come out and cheer for a thrilling opportunity to see UBC’s student leaders face off against members of UBC’s Executive and Board of Governors. Frank Laezza, Vice-President Finance & Operations, will be playing on Team Exec on Thursday, August 29,…
-
Read UBC’s 2024 Annual Financial Statements
The Annual Financial Statements for year ended March 31, 2024, is now available on the UBC Finance website. UBC’s consolidated financial statements reflect the assets, liabilities, revenues and expenses of UBC, covering the fiscal year from April 1 to March…
-
Update: Public Health Officer order for COVID-19
On July 26, 2024, Dr. Bonnie Henry issued an order to end the public health emergency for COVID-19 and rescinded all related Provincial Health Officer (PHO) orders. Please update any UBC materials referencing the PHO and properly retain or destroy…
-
Beat the heat this summer
During extreme heat, it’s important to lower your activity levels and stay in a cool area drinking fluids. If a heat warning has been issued, seek access to a cool space or go to a cooling centre. Know the signs…
-
Show your connection to the VPFO with updated templates
You’ve already seen the new look at VPFO Day and on our websites. Now it’s your turn to integrated this look and feel to your own reports, presentations, and more. The new updated templates will help build consistency to communications…
People of the VPFO
-
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…
-
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.
-
Dawn Jia Announced as President and CEO of UBC IMANT
In her role, Dawn will be responsible for the overall investment management of UBC IMANT’s portfolios, including the selection and oversight of institutional investment fund managers, and ensuring that UBC IMANT’s strategic and operating objectives are achieved.