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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Read more: UBC Third Quarter 2023/24 Financial Report is now available

UBC Third Quarter 2023/24 Financial Report is now available
The university’s third quarter 2023/24 financial report is now available on the UBC Finance website.
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Read more: Keeping the clean water flowing to campus – 16th Ave Water Main Replacement begins April 15

Keeping the clean water flowing to campus – 16th Ave Water Main Replacement begins April 15
This project will replace 400 metres of aging water main infrastructure along 16th Avenue. Expect noise and traffic changes along the route.
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Read more: Water dispensing and filtration equipment
Water dispensing and filtration equipment
Drinking water on the UBC Vancouver campus comes from Metro Vancouver’s water system, and is regularly tested to maintain high-quality drinking water. But if a faculty/department would like to order third-party water dispensing and filtration equipment, this order and ongoing maintenance or…
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Read more: 50% off furniture at the Zero Waste Market

50% off furniture at the Zero Waste Market
As spring rolls around, the Zero Waste Market is excited to announce that during April and May, will be 50% off, with some items free. Stop by to check out the furniture, stationary, lamps, and unique vintage items! Learn more.
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Read more: UBC Board of Governors approves balanced operating budget for 2024/25

UBC Board of Governors approves balanced operating budget for 2024/25
UBC is reporting a healthy financial position as part of its 2024/25 budget, approved by the Board of Governors this week.
People of the VPFO
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Read more: Raffaela Mendel joins Treasury Team as a Senior Treasury Analyst
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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Read more: Rae Ann Aldridge appointed as Executive Director, Safety & Risk Services
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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Read more: Living and Breathing Service: Recognizing the People of the VPFO
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.
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Read more: Dawn Jia Announced as President and CEO of UBC IMANT
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.