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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Update on Air Canada Refunds for UBC
Air Canada recently revised their COVID-19 refund policy, and as UBC is a corporate account holder the university is centralizing this refund for members of our community who booked through the UBC Travel Program.
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Asset Replacement & Improvements joining Infrastructure Development
The Asset Replacement & Improvement (AR&I) division, including the Transition Team and Construction Office, has started the process of joining with Infrastructure Development to form a new, unified, project delivery team for the Facilities Group.
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BC Ministry of Advanced Education building auditors will be on campus starting June 21
BC Ministry of Advanced Education has contracted VFA Canada to audit 136 buildings on the UBC Point Grey campus starting June 21 to the end of January 2022. The last audit was undertaken in 2018.
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Procurement Modernization update — Sharing our service delivery levels
Since Workday go-live our Financial Operations and Operational Excellence teams in the VPFO have been developing ways to share key metrics relating to service delivery that are pulled from UBC’s new HR and Finance system.
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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.
People of the VPFO
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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…
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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…
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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.
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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…
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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…