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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Staff: Submit your Professional Development Fund claims by March 4
A reminder to staff and research associates to use available professional development (PD) funding and submit your claims in Workday by Friday, March 4, 2022. Claim submissions will commence again on April 1, 2022, at the start of the new…
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Reminder to set up your supplier early in Workday
As we head towards the end of the fiscal year, there is an expected increase in the volume of financial transactions and requests within Workday. A reminder to UBC requestors — those purchasing goods or services — to ensure your…
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Claiming your personal tax credits
Tax credits are deductions you may be able to claim when you complete and submit your income tax return. If you require additional assistance with updating your tax elections, please submit a Workday support request through the UBC Self Service…
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Facilities teams supporting extreme weather events and keeping our community safe
2021 certainly was an unprecedented year for those working on campus to support extreme weather events. A big thank you goes out to team members across Facilities who support extreme weather such that the university can continue to operate in…
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Here Is Why Your Net Pay May Be Lower in January
Find out why your net pay may be lower in January, how it affects your personal credit return, and how to get support on updating your tax elections.
People of the VPFO
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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.”
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2023 Facilities Staff Excellence Award winners
The UBC Facilities Staff Excellence Award Program provides recognition and rewards to staff who have demonstrated excellence consistently in the performance of their work and service to the university. Congratulations to our 2023 Staff Excellence Award recipients!
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Gilberto Andrade is promoted to Building Asset Specialist within Facilities’ Building Operations
Gilberto Andrade is promoted to Building Asset Specialist and will be joining Building Operations within Facilities starting January 29, 2024. His expertise and data-driven decision-making will enhance asset management procedures, creating efficient and sustainable spaces for research, teaching, and learning…