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

  • Collaboration between Building Operations and UBC’s Plant Care Services to Improve Soil Quality at UBC’s Research Fields

    A collaboration between UBC’s Plant Care Services and Building Operations is improving soil quality for researchers at Plant Care Services’ Totem Field and providing an environmentally friendly outlet for compost on campus.

    Read more: Collaboration between Building Operations and UBC’s Plant Care Services to Improve Soil Quality at UBC’s Research Fields
  • VPFO Finance Realignments Following Workday Go-Live

    Many members of our VPFO team played key roles in launch of Workday at UBC, and following the success of go-live we are ready to continue modernizing our core business processes, improve how we are structured, and transform the way…

    Read more: VPFO Finance Realignments Following Workday Go-Live
  • Consolidating capital expertise in the VPFO

    We are pleased to announce the creation of a new Capital Financial Management team that will be responsible for the oversight and governance for UBC’s significant capital operations (i.e. over $1B ongoing/multi-year projects).

    Read more: Consolidating capital expertise in the VPFO
  • Campus Security honours victims of the Kamloops Residential School

    This week, Campus Security has put on orange epaulets in shared grief and to pay our respects to the children of the Kamloops Residential School, their families and communities.

    Read more: Campus Security honours victims of the Kamloops Residential School
  • Changes to support VPFO Finance  priorities

    Over the past few weeks, Vice-President Peter Smailes and our portfolio leadership team have shared their insights into how our unit priorities align with our portfolio strategic plan. We would like to share more specific details about one of those initiatives, a change to how the VPFO’s internal finance teams are structured. 

    Read more: Changes to support VPFO Finance  priorities

People of the VPFO

  • 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…

    Read more: Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations
  • 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…

    Read more: Oliver Choo joins as Finance Director, Vice President Research and Innovation
  • Dimitri Kavouras steps into new role as Subhead Controls Electrician in Building Operations

    Passionate about contributing to the UBC community, Dimitri is a current shop steward, previous union delegate, and participant in two apprenticeship committees. He was awarded the Kim Nulty award in 2020 for his contributions and excellence in categories like employee…

    Read more: Dimitri Kavouras steps into new role as Subhead Controls Electrician in Building Operations
  • Building a more innovative campus — one project at a time

    A powerful duo in the VPFO, Aletha Utimati, a PMP-certified Project Manager and Sandy Sull, a Chartered Professional Accountant (CPA) bring completely different expertise but share a vision for an innovative campus, a passion for collaboration, and the ability to…

    Read more: Building a more innovative campus — one project at a time
  • Rosanna Ma steps into new role as Facilities Safety Associate

    Rosanna’s experience in the Research Compliance and Occupational Hygiene team in SRS and consulting industry will be extremely beneficial in her new role. She will be transitioning from the Donald Rix office to join the Facilities Safety team in the…

    Read more: Rosanna Ma steps into new role as Facilities Safety Associate