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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Thank you
As many of you now know by way of yesterday’s broadcast email from President Ono, I am leaving UBC at the end of May to take on the role of VP Administration at Kwantlen Polytechnic University. I want to share…
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Agronomy Road closure between Wesbrook Mall to Health Sciences Mall
Crane activity is scheduled on April 7, 2022, as part of the boiler replacement project for the existing low-pressure steam system serving the Life Sciences Centre and Pharmaceutical Sciences Building’s humidification load. During this work, Agronomy Road between Wesbrook Mall…
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Review UBC’s Updated Business Expense Rules for Faculty and Staff
Most employees at UBC will need to use university funds to conduct university business at some time. UBC’s Business Expense Rules form the framework for incurring and reimbursing these expenses and help ensure we all use public funds reasonably, appropriately,…
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UBC’s budget for 2022/23 provides more support for students, strengthens the university’s impact, and advances academic mission
The University of British Columbia (UBC) Board of Governors has approved UBC’s 2022/2023 budget. The new budget sets spending priorities for the year ahead to advance the university’s key strategic priorities while supporting students, faculty, and staff in their collective…
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Responding to on-campus protests disruptions
If a demonstration or protests is blocking access to your building or interrupting classes, we advise that you report the incident to Campus Security at 604-822-2222, and look for another location to enter and/or exit the building if safe to…
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.”