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 Evaluated As Having “Outstanding Market Position” by Moodys

    Bond credit rating company Moody’s Investors Service (commonly referred to as “Moody’s”) has given UBC an Aa1 rating, reflecting “an outstanding market position supported by robust student demand, and a very strong research reputation which has historically allowed the university…

    Read more: UBC Evaluated As Having “Outstanding Market Position” by Moodys
  • Video: Virtual Hot Lunch with John Metras

    John Metras, Associate Vice-President, Facilities presented at St. John College’s Virtual Hot Lunch Series on January 27, 2021. If you missed the Virtual Hot Lunch with John, or would like to revisit the talk, the event can be viewed on the St John…

    Read more: Video: Virtual Hot Lunch with John Metras
  • Public consultation for School of Biomedical Engineering

    The proposal is for a 14,530 sq. m 5-storey academic building containing teaching, research, and administrative space for the UBC School of Biomedical Engineering. Two online public open house events will be held for this project on February 23, 2021.…

    Read more: Public consultation for School of Biomedical Engineering
  • Public consultation for Hydrogen Fueling Station

    A hydrogen generation and refueling station is proposed for Thunderbird Boulevard west of the Thunderbird Parkade. The project is part of the UBC Clean Energy Research Centre’s Clean, Connected, and Safe Transportation Testbed. The virtual public open house event will…

    Read more: Public consultation for Hydrogen Fueling Station
  • Pre-Approved Suppliers Now Available for Reusable Non-Medical Masks

    In order to facilitate the sourcing and purchasing of masks at UBC, the Financial Operations team — in partnership with UBC’s Safety & Risk Services department — has secured non-exclusive contracts and fixed pricing with three qualified suppliers on an…

    Read more: Pre-Approved Suppliers Now Available for Reusable Non-Medical Masks

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