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
-
Upcoming training workshops for UBC VISA Cardholders
UBC Financial Operations is pleased to introduce its new online, monthly workshop to help UBC Visa cardholders and delegates better understand the university’s Visa program policies and their responsibilities as a cardholder.
-
Ready Week 2022: Increasing emergency preparedness for the new school year
As the university welcomed students back on campus for the fall term last week, Safety & Risk Services’ Emergency Management team set up a booth and Quake Cottage, an earthquake simulator to help elevate our campus community’s resilience, emergency awareness…
-
Charles Creelman returns to Building Operations within Facilities as Project Coordinator, Electrical Technical Support
Charles is returning to Building Operations from Energy & Water Services (EWS) where he was involved with the planning, design and overview of all short and long-range campus electrical utility systems, including the current UBC Main Substation switchgear replacement project.
-
Inequities in the post-secondary education system
Over 1.7 million students in Canada have a student loan; on average, one debtor owes at least $26,075. Student loans have increasingly come to be seen as a diversity, equity and inclusion issue because student debt is disproportionately held by…
People of the VPFO
-
Get to know the senior leadership team: Rae Ann Aldridge
Fostering a culture of purpose driven leadership, get to know Rae Ann Aldridge, Executive Director, Safety & Risk Services and her leadership vision: “I am a highly collaborative leader who works with her teams to inspire, influence and innovate towards…
-
Get to know the senior leadership team: Frank Laezza
Fostering a culture of purpose driven leadership, get to know Frank Laezza, VP Finance & Operations and his leadership vision: “I am committed, through my mentorship, collaboration and open communication, to fostering a culture of purpose-driven leadership within the VPFO.”
-
2023 Facilities Staff Excellence Award winners
The UBC Facilities Staff Excellence Award Program provides recognition and rewards to staff who have demonstrated excellence consistently in the performance of their work and service to the university. Congratulations to our 2023 Staff Excellence Award recipients!
-
Gilberto Andrade is promoted to Building Asset Specialist within Facilities’ Building Operations
Gilberto Andrade is promoted to Building Asset Specialist and will be joining Building Operations within Facilities starting January 29, 2024. His expertise and data-driven decision-making will enhance asset management procedures, creating efficient and sustainable spaces for research, teaching, and learning…
-
Siret Ulp joins Finance & Integrated Services as Procurement Programs Advisor
Siret Ulp joins Finance & Integrated Services as the new Procurement Programs Advisor on November 8th. She will play a vital role in implementing UBC’s approach for Indigenous procurement, Inclusive procurement, Environmentally Sustainable procurement and other strategic procurement projects.