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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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.
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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…
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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).
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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.
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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.
People of the VPFO
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Sam Stephens transitions into permanent role as Director, Campus Security in Safety & Risk Services
Sam has been a driving force in finding opportunities to build a stronger foundation for our Campus Security teams. His extensive experience in leading projects and teams within Compliance, Security, and Risk Management roles in the public sector will make…
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Strengthening Municipal Services’ Asset and Fleet Management Services within Facilities
In order to enhance their technical expertise in civil engineering, asset stewardship and fleet management, UBC Facilities’ Municipal Services is pleased to welcome two new team members, Fiona Keating, Senior Manager, and Rishi Purohit, Fleet and Asset Manager.
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Making accountability personal
Thomas Straley — with 20 years of experience in Accounts Payable — is one of the lucky people who find their dream job early and build an endlessly rewarding career.
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Joanna Huang steps into Finance Manager role supporting the VPHR and VPFO Admin portfolios
Since stepping into the Acting role in June 2022, Joanna has played an instrumental in supporting her client areas through a busy quarter-end and the start of the FY23 budget process.
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Frank Laezza appointed Vice-President, Finance and Operations
Mr. Laezza will join us from Murdoch University, Australia, where he is Chief Financial Officer with responsibility for leading the university’s business and finance functions, as well as for the management of its financial and capital resources. Mr. Laezza will…