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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Increase in CRA Prescribed Interest Rate effective April 1, 2023
The CRA Prescribed Interest Rate will increase to 5% as of April 1, 2023. This rate will be in effect from April 1–June 30, 2023. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will…
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Educating young children on solid waste collection on campus
The Waste Management team in Municipal Services within UBC Facilities recently paid a visit to the Berwick Child Development Centre to educate young children about the vehicles and equipment used for solid waste collection on the UBC Vancouver campus.
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Be a voice for campus safety!
UBC Vancouver Campus Security is taking a look at its services and organizational model to better understand how it can best meet the needs of a rapidly changing community. One important part of this review will be a community engagement…
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Upcoming road closures on UBC Vancouver campus as of March 17, 2023
The following road closures are expected around the UBC Vancouver campus as of March 17, 2023. Thank you for your patience and cooperation.
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Dealing with natural disasters at UBC
Featured in University Affairs (UA), Hailey Maxwell, Manager of Emergency Management & Continuity Planning speaks about some of the programs and activities UBC offers to help students, faculty, and staff prepare for different types of emergencies.
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.