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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$7-million donation from Dan On Foundation seeds the future of food innovation at UBC
A $7-million donation from the Dan On Foundation will fund the building of UBC’s Food and Beverage Innovation Centre, set to formally open in early 2025. The centre will help the agri-food industry in B.C. and beyond by providing access…
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UBC First Quarter 2024/25 Financial Report is now available
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Pedestrian bridge renovations underway at UBC Botanical Garden
UBC Botanical Garden is currently undergoing construction to replace seven pedestrian bridges. While the garden remains open to visitors, some pathways will be temporarily closed to allow for the safe completion of this work.
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Help keep rodents out of your work spaces
Rodent activity and indoor migration increases as the weather gets colder, and they move indoors for shelter and food. Help prevent rodents from moving in by securing your waste and food. Learn more about prevention and how to report signs…
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Are you prepared for an earthquake?
On October 17, 2024, practice how to Drop, Cover, and Hold On at 10:17 a.m. during the annual Great BC ShakeOut. As part of ShakeOut, UBC will be testing its emergency notification system, UBC Alert. Learn more about how you…
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.