Welcome to the VP Finance & Operations portfolio


We are responsible for the stewardship of UBC’s physical and financial assets, as well as safety, risk management, and assurance across our university community.

The portfolio 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

  • Using UBC’s purchasing power for good

    UBC’s inclusive procurement resources are designed to help faculty and staff make purchasing decisions that reflect our institutional values while meeting academic, operational, and budget needs. Read more on the Finance Portal [CWL required].

    Read more: Using UBC’s purchasing power for good
  • 2026 Styrofoam Pick-up Calendar now available

    The 2026 Styrofoam Pick-up Calendar is now available. Municipal Services provides Styrofoam collection on every other Wednesday at select locations on campus where generation of Styrofoam waste is significant.

    Read more: 2026 Styrofoam Pick-up Calendar now available
  • Guided by UBC’s Strategic Directions 2025-30, this process aligns resources with institutional priorities and reinforces UBC’s academic mission.

    UBC continues to take a thoughtful, long-term approach to budgeting, focusing on prudently managing resources for maximum impact. In the fall, the university began its annual, institution-wide budget planning for 2026-27, engaging leaders across faculties and administrative units on both…

    Read more: Guided by UBC’s Strategic Directions 2025-30, this process aligns resources with institutional priorities and reinforces UBC’s academic mission.
  • 🎉 VPFO 2025 Wrapped

    A year of impact, growth, and behind-the-scenes wins. As we wrap up 2025, VPFO teams reflect on a year defined by service, collaboration, and progress. From financial systems and workforce planning to risk management and campus safety, here’s how our…

    Read more: 🎉 VPFO 2025 Wrapped
  • A look back on communications in 2025 

    From launching new websites to sharing stories about our people, our work and even a raccoon rescue, the Communications & Engagement team kept the VPFO informed, engaged, and entertained in 2025.

    Read more: A look back on communications in 2025 

People of the VPFO

  • 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…

    Read more: Derek Ho joins Safety & Risk Services as Lead Advisor, Privacy & Information Security Risk
  • 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…

    Read more: Get to know the senior leadership team: Yale Loh
  • 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…

    Read more: Get to know the senior leadership team: Rae Ann Aldridge
  • 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.”

    Read more: Get to know the senior leadership team: Frank Laezza
  • 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!

    Read more: 2023 Facilities Staff Excellence Award winners