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

  • Basketball Court Relocation

    A development permit application has been received for an outdoor basketball court in the parking lot at Thunderbird Boulevard and Health Sciences Mall. This basketball court is intended as a replacement for the existing court on the future site of…

    Read more: Basketball Court Relocation
  • UBC breaks ground on $23 million renewable energy hub

    A new $23 million renewable energy hub will transform an entire city block at the University of British Columbia into a smart energy district, including the province’s first-ever hydrogen refuelling station for light- and heavy-duty vehicles. The energy hub will…

    Read more: UBC breaks ground on $23 million renewable energy hub
  • First Nations Longhouse Expansion

    A development permit application has been received for a one-storey 168 sq. m addition to the First Nations Longhouse. The addition will make use of the existing exposed post and beam log structure at the east side of the building.…

    Read more: First Nations Longhouse Expansion
  • Update on our strategic plan

    In November, I sent an update that highlighted our plan to begin a process of transformational change within the VPFO, following our strategic plan’s focus on renewal and optimization. As we start our new fiscal year, I want to share a…

    Read more: Update on our strategic plan
  • Dawn Irmscher joins UBC as Director of Payroll

    Dawn brings a wealth of experience in finance, operations, technical, and systems implementation to the university, and most recently served as the Director of Finance for the Sooke School District in Victoria, BC.

    Read more: Dawn Irmscher joins UBC as Director of Payroll

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