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 Completes Initial Transitioning of Funds Through the Responsible Investing Strategy
As part of UBC’s commitment to a low-carbon, sustainable future and divesting the endowment, the university is pleased to share that $34M of endowment funds have been transitioned to fossil-fuel-free investments.
-
Faculty and Staff Tax Slips for the 2020 Tax Year will be Available in Workday
This year, T4 tax slips (and T4As, where applicable) will be made available for faculty and staff through the Workday system before the end of February, in line with Canadian tax legislation.
-
UBC planning $315 million facility expansion of medical research and nursing schools
The Vancouver Urbanized blog shared an overview of some key projects planned for the Point Grey campus, including new health sciences facilities located at the main gateway into the campus.
-
Claiming home office expenses — updated CRA guidance
Recognizing the special circumstances of the 2020 tax year, the CRA has announced two new ways employees may be able to claim home office expenses.
-
John Metras, UBC’s AVP Facilities to speak at St. john’s College’s Hot Lunch speaker series
On January 27, St. John’s College’s Hot Lunch speaker series invites you to meet over lunch with a group of our colleagues from across the university, and share thoughts and conversations about how we might work toward the goal of…
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…
-
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…
-
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…
-
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…
-
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…