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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New 12 MW biomass boiler arrives on campus
As part of the Bioenergy facility expansion, the anticipated 12 MW biomass fueled hot water combustion boiler arrived on campus at the Bioenergy Research Demonstration Facility (BRDF), and was craned into place for the next phase of the boiler placement.
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UBC to establish new downtown Kelowna presence
UBC will be establishing a new university presence in downtown Kelowna with plans to build a mixed-use building at the former Daily Courier location at 550 Doyle Avenue. The development will feature community-facing academic space, office space and university rental…
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Join Peter Smailes and the IRP leadership for an update on Workday
Open to all UBC faculty and staff, this call in will share the latest updates on Workday as we countdown to implementation in November 2020. Peter and other IRP leaders will address the community on the benefits of Workday, the improvements…
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Questions Relating to Working from Home
The university’s Finance and Human Resources teams have received a variety of questions relating to working from home, and this information has been prepared to provide guidance on some of these items.
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Continuation of Spreadsheet-Based Hourly Payroll Process
With the onset of measures relating to COVID-19 in March this year, UBC’s Payroll team quickly pivoted from a paper timesheet-based system to a spreadsheet-based process for the payment of hourly employees. Please note the process has been extended.
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…