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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Changes to Payroll Representative Portfolios
The portfolio composition of our payroll representatives is now based on employee last name. This change will support our service delivery to faculty and staff, who can now more easily find their payroll representative, as well as improving our workflows…
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UBC IMANT shares university’s first endowment carbon footprint report
The UBC Endowment Carbon Footprint Report describes activities undertaken in 2020 as well as initial emissions estimates, and establishes a baseline for evaluating progress against the university’s ambitious goal of reducing its carbon footprint 45% by 2030.
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Keeping everyone cool while waiting to enter the VCH Vaccination site
Huge kudos to our crews for acting quickly and installing misting and portable drinking water stations near for patients that were waiting outside to enter the VCH vaccination site under last week’s heatwave.
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UBC’S Financial Results for 2020/21
Our audited financial statements, which were approved by UBC’s Board of Governors on June 24, illustrate a healthy financial position for the university as we close the 2020/21 fiscal year.
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Resources for dealing with heat stress and exposure
Working in hot environments, outdoors and indoors, can affect the body’s cooling system. Find resources and references to help you identify signs and symptoms of heat stress, and guidance to prevent heat exposure.
People of the VPFO
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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.”
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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!
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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…
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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.