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: ELIMINATING BANK DRAFTS AS A FORM OF PAYMENT AT UBC
ELIMINATING BANK DRAFTS AS A FORM OF PAYMENT AT UBC
This summer, UBC’s Treasury department and the Accounts Payable unit in Financial Operations initiated a pilot project to move vendors requesting bank drafts to another payment method – with great success.
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Read more: Extension to IRP Workday Timeline
Extension to IRP Workday Timeline
The Integrated Renewal Program (IRP) governance conducted the first of three planned program readiness reviews on October 31. Following this review, a recommendation was issued to the Board of Governors to extend the timeline to ensure the successful implementation of…
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Read more: The Flow of Water: How the VPFO Safeguards UBC’s Critical Supply of H2O
The Flow of Water: How the VPFO Safeguards UBC’s Critical Supply of H2O
Water is a crucial resource at UBC, for basic human needs and to support research and operations. The simple act of turning on a tap to access a safe and reliable water supply is something students, faculty, and staff depend…
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Read more: Grab a sweater and prepare for a cooler campus
Grab a sweater and prepare for a cooler campus
The weather outside is cooling down, which means its time to wear warmer layers and close our windows to stay comfortable and save energy over the winter.
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Read more: SUGAR SHEET PAPER ALTERNATIVE NOW AVAILABLE TO UBC AT REDUCED RATE
SUGAR SHEET PAPER ALTERNATIVE NOW AVAILABLE TO UBC AT REDUCED RATE
Sugar sheet is manufactured using recycled sugarcane waste fibre. This “tree-free” product looks, performs, and feels just like paper — as well as being completely recyclable.
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…