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

  • Keeping our campus warm

    It’s not easy keeping a campus as large as UBC warm throughout the cooler months. Most buildings on the UBC Vancouver campus are connected to a centralized thermal energy system managed by Energy & Water Services. Kudos to our thermal…

    Read more: Keeping our campus warm
  • Finance & HR IRP Benefits Realization Management to cease monthly reporting in April 2023

    Since 2020, Integrated Renewal Program’s Benefits Realization Management (IRP BRM) has been providing visibility into UBC’s journey towards achieving the benefits of implementing Workday HR and Finance. Now in its third year and with the current fiscal year coming to…

    Read more: Finance & HR IRP Benefits Realization Management to cease monthly reporting in April 2023
  • Welcome Frank Laezza!

    Today marks the official start of Frank Laezza’s tenure with UBC as our new Vice-President Finance & Operations. As a strong believer in connected leadership, Frank is looking forward to working with the VPFO team of 1400+ people in the…

    Read more: Welcome Frank Laezza!
  • Daylight Savings time can affect workplace health & safety

    A reminder that Daylight Savings Time is taking place this weekend on Sunday, March 12th where we “spring ahead” and advance our clocks forward by one hour. This means that we will all wake up one hour earlier than normal.…

    Read more: Daylight Savings time can affect workplace health & safety
  • UBC launches new programs to help tackle cybersecurity risk

    UBC launches the Compliance Support Program and the Privacy Matters Champions Program to help mitigate information security risk. A major cybersecurity breach has the potential to seriously hamper UBC’s operations, reputation and position as a world-class institution, as well as…

    Read more: UBC launches new programs to help tackle cybersecurity risk

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