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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July 15 VPFO Townhall presentation and slides
Our VPFO townhall looked back on our experiences over the past year and forward to a brighter fall and beyond. It was recorded on Zoom and the presentation slides are available in PDF.
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Changes to Payroll Representative Portfolios
The portfolio composition of our payroll representatives is now based on employee last name. This change will support our service delivery to faculty and staff, who can now more easily find their payroll representative, as well as improving our workflows…
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UBC IMANT shares university’s first endowment carbon footprint report
The UBC Endowment Carbon Footprint Report describes activities undertaken in 2020 as well as initial emissions estimates, and establishes a baseline for evaluating progress against the university’s ambitious goal of reducing its carbon footprint 45% by 2030.
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Keeping everyone cool while waiting to enter the VCH Vaccination site
Huge kudos to our crews for acting quickly and installing misting and portable drinking water stations near for patients that were waiting outside to enter the VCH vaccination site under last week’s heatwave.
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UBC’S Financial Results for 2020/21
Our audited financial statements, which were approved by UBC’s Board of Governors on June 24, illustrate a healthy financial position for the university as we close the 2020/21 fiscal year.
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…