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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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.