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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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.
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Preliminary approval received for the downtown Kelowna project
The UBC Downtown Kelowna project recently received preliminary approval from the Board of Governors meeting on December 5, 2021 to move forward with this project. Since February 2021, design work has been in progress and is on track for construction…
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Last pick-ups from Environment Services Facilities will be on December 16
The Environmental Services Facilities (ESF) will be closed starting December 20, 2021 until January 4, 2022. The last day of pick-ups from academic departments will be December 16. For questions or concerns, please contact your ESF technicians before December 20.
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A reminder to stick to primary routes when driving to campus
When extreme weather comes to UBC Vancouver, Municipal Services in Building Operations is responsible for managing snow and ice within the Vancouver campus. Our snow removal and deicing vehicles work in priority zones to ensure the highest risk areas of…
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UBC Launches Indigenous Finance Guidelines and Spend Category for Status Indian Individuals on Reserve
The Guidelines review current payment practices at UBC and highlight some of the disparities in standard processes for the disbursement of funds to Indigenous partners. They also describe the alternative, flexible payment process piloted by IRSI and conclude with a…
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.”