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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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…
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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…
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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.
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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.
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Stepping into the future: ending the age of steam at UBC
On December 16, 2019, the last steam line at UBC was shut down, marking the end of an era and our acceleration towards achieving net-zero emissions prior to 2050.
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…