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

  • Final Settlement runs for 2023

    The final settlement (payment) runs for all 2023 Accounts Payable transactions will take place on Thursday, December 21 at 12:00 pm. In order to be included in the settlement run, the invoice/expense must be fully approved or matched to its…

    Read more: Final Settlement runs for 2023
  • Coast Salish Two-Spirit Mosaic mural installed

    Last week, the Coast Salish Two-Spirit Mosaic mural was installed west of the First Nations Long House (FNLH) building on the West Mall. This mural represents Coast Salish Two-Spirit unity, dignity, and respect.

    Read more: Coast Salish Two-Spirit Mosaic mural installed
  • Accepting credit card payments over the phone

    The acceptance of credit card payments over the phone is deemed to be a transmission of cardholder data. If a Voice over internet protocol (VoIP) telephone is used as a means of transmission, both the credit card process and UBC…

    Read more: Accepting credit card payments over the phone
  • What do we mean when we say “budget” at UBC?

    UBC’s annual budget process is underway, and our faculties and administrative teams are working on the unit-level financial plans that will feed into the university-wide budget proposal that is presented to the Board of Governors for approval.

    Read more: What do we mean when we say “budget” at UBC?
  • UBC is a BC Hydro Clean Energy Champion

    BC Hydro Clean Energy Champions are businesses, homes, and institutions—large and small—recognized for their reduction in their reliance on fossil fuels. BC Hydro praised UBC for its efficient buildings and projects to reduce the use of gas for heating on…

    Read more: UBC is a BC Hydro Clean Energy Champion

People of the VPFO

  • 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…

    Read more: Get to know the senior leadership team: Parveen Mann
  • 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…

    Read more: Derek Ho joins Safety & Risk Services as Lead Advisor, Privacy & Information Security Risk
  • 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…

    Read more: Get to know the senior leadership team: Yale Loh
  • 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…

    Read more: Get to know the senior leadership team: Rae Ann Aldridge
  • 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.”

    Read more: Get to know the senior leadership team: Frank Laezza