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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A warm thank you for an impressive 2024
As we approach the holiday season, I want to take a moment to express my sincere thanks for your incredible efforts and reflect on what the VPFO team has achieved in 2024.
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Why your net pay may be lower in January
Canada Pension Plan (CPP) and Employment Insurance (EI) deductions have a yearly maximum earnings limit. Once these limits are reached during the calendar year, the deductions stop for the rest of the calendar year. Learn more on the Finance website.
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Metro Vancouver water crews conducting planned maintenance
Metro Vancouver water crews are working within the City of Vancouver December 3–5, which may cause cloudy water. The water is still safe for consumption and use.
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2024 tax information and what to expect for 2025
2024 T4 and T4A tax slips will be available on or before February 28, 2025. A Workday Announcement (shared on the home page of your Workday account) will advise you when they are available for you to download. More information…
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Fixing campus infrastructure breaks, spills, and leaks
Addressing leaks is vital to maintaining campus infrastructure and supporting the VPFO’s campus excellence and sustainability goals. The UBC Facilities team has shown their dedication, expertise, and quick-thinking while responding to leaks over the past few weeks.
People of the VPFO
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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…
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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.”
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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!
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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…
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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.