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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Read more: Students, faculty and staff get Ranger Ready in The Nest
Students, faculty and staff get Ranger Ready in The Nest
On February 13, 2020 the AMS Student Nest was transformed into the UBC Emergency Ranger Station, where the Emergency Management team helped the UBC community get Ranger Ready, and prepare for emergency situations.
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Read more: Legal Opinion Confirms the Way Forward to Divestment
Legal Opinion Confirms the Way Forward to Divestment
On Dec. 5, 2019, the Board of Governors formally directed VP Finance and UBC Counsel to lay out a pathway to full divestment of the university’s main endowment. Now the university has received a legal opinion which further confirms the…
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Read more: Statement on passing of Robert H. Lee
Statement on passing of Robert H. Lee
It is with deep sadness and a great sense of loss that we learned of the passing of Dr. Robert (Bob) H. Lee, CM, OBC, former Chancellor of UBC and Chairman of UBC Properties Trust on February 19, 2020.
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Read more: 2019/2020 Year End Schedule Now Available
2019/2020 Year End Schedule Now Available
The university’s fiscal year end of March 31, 2020, is fast approaching, and similar to prior years UBC’s financial teams have collaborated on a schedule to support the university community in closing out the fiscal year for accounting purposes.
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Read more: T4/T4A statements are now available online
T4/T4A statements are now available online
UBC issues tax slips online as PDFs that are identical to the printed form, and are accepted by the Canada Revenue Agency (CRA) when filing your taxes.
People of the VPFO
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Read more: Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations
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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Read more: Oliver Choo joins as Finance Director, Vice President Research and Innovation
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…
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Read more: Dimitri Kavouras steps into new role as Subhead Controls Electrician in Building Operations
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…
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Read more: Building a more innovative campus — one project at a time
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…
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Read more: Rosanna Ma steps into new role as Facilities Safety Associate
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…