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

  • Caroline Macleod, Executive Secretary for Energy & Water Services

    Caroline brings a wealth of experience to this position, and has been instrumental in supporting the department in transitioning to the new Workday and Planon enterprise systems.

    Read more: Caroline Macleod, Executive Secretary for Energy & Water Services
  • Enabling our strategic plan with a new structure for the VPFO’s administrative professionals

    Effective September 24, I have promoted Sandy Zarka to Manager, VPFO Administration. Please join me in congratulating Sandy on her new role and in supporting her entire team as they prepare to support us through the changes to come.

    Read more: Enabling our strategic plan with a new structure for the VPFO’s administrative professionals
  • Join UBC’s virtual ShakeOut drill on October 15th

    We’re all spending more time at home at the moment, which makes it all the more important to prepare your home for the unexpected. Join UBC’s virtual ShakeOut drill on October 15th to get ready!

    Read more: Join UBC’s virtual ShakeOut drill on October 15th
  • A beautiful plaque for Professor Santa J. Ono’s reappointment

    In celebration of Professor Santa J. Ono’s reappointment as President and Vice-Chancellor of UBC, the Facilities team created a beautiful plaque and presented it to President Ono.

    Read more: A beautiful plaque for Professor Santa J. Ono’s reappointment
  • Enrolment remains strong at UBC

    Student enrolment numbers remain strong this fall at UBC Vancouver and UBC Okanagan—a sign of the university’s stellar academic reputation. Students are keenly interested in achieving their educational ambitions at UBC, despite challenges posed by COVID-19.

    Read more: Enrolment remains strong at UBC

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