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

  • VPFO Update – March 17

    The VPFO Update is a weekly snapshot that captures important university updates, work across VPFO departments, and relevant resources. Sent on March 17, 2025.

    Read more: VPFO Update – March 17
  • Considering buying Canadian?

    With the recent developments regarding Canada’s response to U.S. tariffs, many questions have been raised regarding purchases at UBC. Visit UBC’s Finance portal for more information regarding supporting Canadian suppliers and navigating U.S. tariffs (CWL Required).

    Read more: Considering buying Canadian?
  • Building the Future of Finance at UBC

    Finance Transformation brings new tools, new roles, and a stronger, more connected Finance Community.

    Read more: Building the Future of Finance at UBC
  • Welcoming Karen Zygun as the new VPFO Director of Human Resources

    Karen Zygun will be joining UBC as the new Director of Human Resources for the VPFO. Karen will be a key leader in renewing the VPFO’s HR team and strategy, developing a strategy to build a stronger values-centered culture, and…

    Read more: Welcoming Karen Zygun as the new VPFO Director of Human Resources
  • VPFO Update – March 10

    The VPFO Update is a weekly snapshot that captures important university updates, work across VPFO departments, and relevant resources. Sent on March 10, 2025.

    Read more: VPFO Update – March 10

People of the VPFO

  • 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
  • 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…

    Read more: Gilberto Andrade is promoted to Building Asset Specialist within Facilities’ Building Operations
  • Siret Ulp joins Finance & Integrated Services as Procurement Programs Advisor

    Siret Ulp joins Finance & Integrated Services as the new Procurement Programs Advisor on November 8th. She will play a vital role in implementing UBC’s approach for Indigenous procurement, Inclusive procurement, Environmentally Sustainable procurement and other strategic procurement projects.

    Read more: Siret Ulp joins Finance & Integrated Services as Procurement Programs Advisor