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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Help keep rodents out of your work spaces
Rodent activity and indoor migration increases as the weather gets colder, and they move indoors for shelter and food. Help prevent rodents from moving in by securing your waste and food. Learn more about prevention and how to report signs…
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Are you prepared for an earthquake?
On October 17, 2024, practice how to Drop, Cover, and Hold On at 10:17 a.m. during the annual Great BC ShakeOut. As part of ShakeOut, UBC will be testing its emergency notification system, UBC Alert. Learn more about how you…
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Construction begins for UBC Sauder Expansion
This month, the UBC Sauder Power House Expansion Project will begin construction for a new 11-storey building that will sit on the former Power House site and next to the current Sauder School of Business facility. The demolition of the Power…
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Strengthening project and data management across the VPFO and UBC
We are pleased to introduce the new position of Executive Director, Transformation & Strategy, which will drive UBC’s finance transformation by developing a strategic financial planning and analysis framework aimed at enhancing financial efficiency and modernizing our approach.
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Celebrate Circular Economy Month
Join the Furniture Reuse Program team at the Zero Waste Market this October and November for reduced prices to celebrate Circular Economy Month! The Zero Waste Market sells gently used furniture best suited for home use and small budgets, as…
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.”