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

  • UBC’s budget for 2021/22 set to bolster EDI, expand student supports, and further the university’s impact

    The UBC Board of Governors has approved the budget for 2021/22, setting spending priorities for the year ahead. In addition to the ongoing recovery from COVID-19, UBC is committed to investing in our students, furthering our academic mandate, and promoting…

    Read more: UBC’s budget for 2021/22 set to bolster EDI, expand student supports, and further the university’s impact
  • UBC Water Supply Centre now running campus water supply

    The aging water pump station located in the Power House is now disconnected from the University Boulevard transmission main, and the new UBC Water Supply Centre is fully running the campus water distribution.

    Read more: UBC Water Supply Centre now running campus water supply
  • New team members join the VPFO Operational Excellence team

    As part of an effort to improve efficiencies and cost-savings while achieving service excellence within the VPFO, some team members of the Business Services team in Customer Services & Informatics (CSI) in Facilities will be transitioning to the newly formed…

    Read more: New team members join the VPFO Operational Excellence team
  • Enjoy the cherry blossoms on UBC Vancouver campus

    In collaboration with UTown@UBC, Building Operations created and installed seasonal photo frames for the campus community to enjoy the short blossom season.

    Read more: Enjoy the cherry blossoms on UBC Vancouver campus
  • Free menstrual products on campus

    Custodial Services has been working with Free Periods Canada, a grassroots organization founded by UBC students, to promote intersectional menstrual equity by ensuring all menstruators have access to the products and information they need.

    Read more: Free menstrual products on campus

People of the VPFO

  • 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…

    Read more: Get to know the senior leadership team: Rae Ann Aldridge
  • 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.”

    Read more: Get to know the senior leadership team: Frank Laezza
  • 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!

    Read more: 2023 Facilities Staff Excellence Award winners
  • 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…

    Read more: Gilberto Andrade is promoted to Building Asset Specialist within Facilities’ Building Operations
  • 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.

    Read more: Siret Ulp joins Finance & Integrated Services as Procurement Programs Advisor