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
-
CRA prescribed interest rate remains at 5% for Q3 2023
The CRA Prescribed Interest Rate will be 5%, in effect from July 1, 2023 to September 30, 2023. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will have an effect…
-
Welcome to Helen Yung, UBC’s new Comptroller
Helen Yung joins UBC today as the university’s new Comptroller, with responsibility for delivering financial intelligence, planning, and reporting to facilitate decision-making.
-
Take part in the Mass Care Open House & Preparedness Fair to become better prepared for emergencies
Safety & Risk Services’ Emergency Management team will be hosting a Mass Care Open House on June 28, 2023. This event is an opportunity for key responding staff to familiarize and problem-solve the mass care planning done to date. Mass…
-
Realignment of roles within Financial Service & Strategic Procurement
Over the years, Financial Service & Strategic Procurement within Finance & Operational Excellence have been working with faculties and administrative units to look for opportunities to improve levels of service across the university. In order to improve our service level…
-
MOA Great Hall Renewal project featured in Engineers & Geoscientists British Columbia’s Innovation magazine
The Museum of Anthropology (MOA) Great Hall Renewal project was featured in the annual project highlights issue of Engineers & Geoscientists British Columbia (EGBC)’s Innovation magazine, a showcase of innovative and sustainable projects.
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…
-
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…
-
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…
-
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…
-
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.”