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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Read more: Enhancing seismic resilience at UBC
Enhancing seismic resilience at UBC
Since 2012, UBC has invested more than $200 million in seismic upgrades to buildings and infrastructure. Read more on the UBC News website.
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Read more: UBC Board of Governors approves balanced operating budget for 2025/26
UBC Board of Governors approves balanced operating budget for 2025/26
UBC is projecting a balanced financial position as part of its 2025/26 budget, approved by the university’s Board of Governors this week.
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Read more: Considering buying Canadian?
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).
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Read more: Building the Future of Finance at UBC
Building the Future of Finance at UBC
Finance Transformation brings new tools, new roles, and a stronger, more connected Finance Community.
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Read more: Re-installation of the “Symbols for Education” mural now complete outside Brock Commons South
Re-installation of the “Symbols for Education” mural now complete outside Brock Commons South
With Brock Commons South now complete, the Symbols for Education mural is successfully reinstalled. This effort was led by Pam Troyer, Project Manager, and Victor Wong, Project Coordinator, from Facilities.
People of the VPFO
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Read more: Tracy Pham joins VPFO Communications & Engagement as Manager, Digital & Creative
Tracy Pham joins VPFO Communications & Engagement as Manager, Digital & Creative
In her new role, Tracy aims to transform the digital channels of the VPFO and bring forth new enhancements to optimize the user experience. As a multi-skilled marketer, she brings effective technical and communication skills that can help bridge the…
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Read more: Growing our capabilities and strengthening the Treasury team
Growing our capabilities and strengthening the Treasury team
With the transition of Holly’s maternity leave, Treasury has taken this as an opportunity to grow the capabilities and knowledge of the Treasury team, and strengthen the team’s ability to provide value-added service and advice across UBC. Please join us…
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Read more: Pera Hardy joins the Facilities Planning team in Infrastructure Development as Senior Facilities Planner
Pera Hardy joins the Facilities Planning team in Infrastructure Development as Senior Facilities Planner
Pera is a registered architect (AIBC) and LEED Green Associate, Canada Green Building Council (CaGBC). Her programming, planning, design and construction experience in K-12 schools and post-secondary projects will be very beneficial to facilities planning work on campus.
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Read more: Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations
Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations
It would be difficult for anyone to argue that Frank Laezza isn’t willing to go the distance for UBC. Fresh off a flight from Perth, Australia, he quite literally came from the opposite side of the planet to take up…
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Read more: Oliver Choo joins as Finance Director, Vice President Research and Innovation
Oliver Choo joins as Finance Director, Vice President Research and Innovation
In his new role, Oliver will be responsible for providing strategic financial leadership within the 16 units of the VPRI portfolio. In addition to managing the portfolio budget of $58M, Oliver will support key initiatives that have significant impact on…