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

  • Saving Energy During UBC’s Seasonal Shutdown

    This past December, departments, building operators and energy managers across UBC joined together to reduce the university’s environmental footprint over the winter holiday by participating in the Seasonal Shutdown.

    Read more: Saving Energy During UBC’s Seasonal Shutdown
  • UBC ready for snow

    It’s five o’clock in the morning, snow has been falling for a few hours in Vancouver and slowly accumulating on the roads across the city. Building Operations crews are already brining, salting and plowing roads and pathways on the Vancouver…

    Read more: UBC ready for snow
  • Update: Next Steps Following Climate Emergency Declaration and Commitment to Divestment

    The climate crisis is one of the most pressing issues of our time and UBC wants to ensure that our community and the public is informed of the actions that the university is taking as a leader in sustainability and…

    Read more: Update: Next Steps Following Climate Emergency Declaration and Commitment to Divestment
  • Doug Cheung joins Treasury team in the position of Director, Treasury

    Doug will be overseeing cash management together with the strategic long-term modelling and will also be involved in strategic initiatives such as the GBE (Government Business Entity) project with Student Housing and Hospitality Services. 

    Read more: Doug Cheung joins Treasury team in the position of Director, Treasury
  • Switch to an online T4 statement for your chance to win an iPad

    UBC Payroll is giving away an iPad to one lucky faculty or staff member who makes the transition between now and the end of January to receive their T4 tax slip electronically, instead of in print.

    Read more: Switch to an online T4 statement for your chance to win an iPad

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…

    Read more: Get to know the senior leadership team: Rae Ann Aldridge
  • 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.”

    Read more: Get to know the senior leadership team: Frank Laezza
  • 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!

    Read more: 2023 Facilities Staff Excellence Award winners
  • 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…

    Read more: Gilberto Andrade is promoted to Building Asset Specialist within Facilities’ Building Operations
  • 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.

    Read more: Siret Ulp joins Finance & Integrated Services as Procurement Programs Advisor