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
-
Global Disbursement Service: Updated Form Available
The Global Disbursement Service (GDS) is UBC’s method for making international payments (outside of North America). Departments paying foreign suppliers will need to ask their suppliers to complete the Global Disbursement form. The form has been recently revised, you can…
-
UBC Library and UBC Campus Security launch Theft Prevention Pilot campaign
To support the safety and security of students, the library has partnered with UBC Campus Security to launch a Theft Prevention Pilot campaign that will run throughout the fall term. The goal of the campaign is to ensure students have…
-
New September Employee Payment Date
With the introduction of the new National Day for Truth and Reconciliation Statutory Holiday on September 30, 2021, the payment date for employees has been moved to September 29, 2021. If possible, please have business processes and timesheets approved a…
-
Replacing an 800+Lbs Supply Fan Motor in Pulp and Paper Centre
Last weekend, the millwrights replaced a failed 60 horsepower 800+lbs supply fan motor so the electrical crew could reattach the electrical connections. The area(s) within the Pulp and Paper Centre were impacted and forced to stop their work until this…
-
Update on Contacting Payroll
Payroll Operations is requesting that all payroll inquiries be submitted via the UBC self-service portal, effective September 1, 2021. Payroll will address the submitted tickets in order of priority, which will assist us in identifying issues impacting our processes as…
People of the VPFO
-
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…
-
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…
-
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.
-
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…
-
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…