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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Temporary relocation of the three flagpoles to Irving K. Barber Learning Centre
Due to the construction of the Recreation Centre and the upgrades to Student Union Boulevard, the three flagpoles will be temporarily installed at the East Mall Entrance and Plaza at the Irving K. Barber Learning Centre by August 15, 2022.
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VPFO teams coming together to support the UBC community under heat warning
Last week a heat warning was issued for Metro Vancouver and the cooling systems in several buildings on the UBC Vancouver Point Grey campus simply could not handle these extreme conditions. Huge kudos to our VPFO teams’ teamwork and dedication…
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Fly-through video of UBC’s New Recreation Centre
The new facility will provide much needed recreation space including a state of the art fitness centre, three gymnasiums, an indoor track, and many other amenities. Watch this fly-through video of the New Recreation Centre on UBC Recreation’s YouTube channel.
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July update on upcoming road closures on UBC Vancouver campus
An update on the construction work happening on the UBC Vancouver campus in the next few weeks.
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UBC’s Financial Results for 2021/2022
Our audited financial statements for fiscal year 2021/2022 have been approved by UBC’s Board of Governors and are now available to review on the UBC Finance website.
People of the VPFO
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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…
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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…
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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…
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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…
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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.”