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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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…
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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.…
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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…
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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.
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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…
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…