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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Working together to create a smooth exam setup process
Setting up exam spaces is not an easy task. This year, the Learning Spaces team took over the coordination of final exam setup, working together with Custodial Services and Municipal Services to continue improving the exam setup process.
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Metro Vancouver’s watering restrictions come into effect on May 1, 2024
Did you know that your lawn needs as little as 2 cm of water a week— equivalent to one hour of rain or watering—to stay healthy? Starting May 1, stage 1 of Metro Vancouver’s Lawn Watering Regulations will be in…
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Parm Ubhi promoted to Assistant Chief Engineer in Energy & Water Services
Paramvir Ubhi has been promoted to Assistant Chief Engineer in UBC Facilities’ Energy & Water Services for UBC’s two thermal energy plants as of April 15.
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Ant season is here
Ants are one of the most common structural pests, capable of quickly turning from a minor nuisance into a persistent problem. Learn about what draws ants into your workspace to help manage and prevent infestations.
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HSBC-RBC Transition project website is now live
The Royal Bank of Canada (RBC) acquisition of HSBC Bank Canada (HSBC) was legally completed on March 28, 2024. A new HSBC-RBC Transition project website has been created to help the finance community follow along with UBC’s transition plan.
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.