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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Heat recovery chiller and coils successfully commissioned
The new heat recovery chiller in Chemistry D Block would be capable of providing its forecasted 5000GJ in annual thermal energy savings, saving the university almost $50,000 per year. Chemistry E Block is on track for their predicted energy savings…
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New Biomass Boiler going through commissioning at the BRDF
The new UBC biomass boiler is going through its commissioning tests at the Bioenergy Research Demonstration Facility (BRDF). As the new boiler’s combustion is fine-tuned, you may notice some grey smoke, accompanied by a campfire scent, from the BRDF on occasion.
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Our 5th Annual Pink Shirt Day Celebration
The VPFO Equity, Diversity, and Inclusion (EDI) Committee presents Pink Shirt Day on February 23, 2022. Join the VPFO portfolio virtually or on campus at the University Services Building (USB) atrium in celebrating our diversity as we Lift Each Other…
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2021/2022 Year End Timelines and Procedures Call-In Session
Join us in the call-in session on February 28 to review the fiscal year-end timelines and procedures. For those who are unable to attend, a recording of this event will be made available on the UBC Finance website.
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Potential project delays dues to staffing shortage
Our Facilities teams, consultants, and contractors are experiencing labour shortages, and doing the best we can to maintain service and ensure all our projects and construction sites continue to be monitored. Some of our projects, however, may be impacted and face…
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.