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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The VPFO’s portfolio finance team is evolving to help us perform and grow
When we talk about finance at UBC, we often think about the VP Finance & Operations (VPFO) leading the university’s $3.65 billion consolidated budget process. However, what we sometimes overlook is our own portfolio’s finance team who are responsible for…
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Thanks to each of you for your inspired efforts
As many of us are beginning our transition into the holidays, I’d like to say a humble thank you to each of you for your inspired efforts to see us through the push to the end of the calendar year.…
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The VP Finance & Operations is expanding with the addition of UBC’s Enterprise Risk & Assurance
Effective January 15, 2024, the VP Finance & Operations (VPFO) will be welcoming UBC’s Enterprise Risk & Assurance (ERA) team to the portfolio. This strategic transition is part of our ongoing efforts to optimize the university’s organizational structure, enhance operational…
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Construction begins on the Laboratory of Archeology – Iona Building
Construction has begun on the new Community Research Centre in the Laboratory of Archeology at the Iona Building. This project aims to create a new space for housing archaeological collections recovered from ancient villages and other archaeological sites around the…
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UBC launches Zero Waste Market to promote sustainability
UBC’s Furniture Reuse program featured in the Ubyssey. The initiative, lead by the UBC facilities department, aims to reduce waste on campus by promoting the reuse of furniture, electronics and other items.
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.”