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: UBC Board of Governors approves balanced operating budget for 2025/26
UBC Board of Governors approves balanced operating budget for 2025/26
UBC is projecting a balanced financial position as part of its 2025/26 budget, approved by the university’s Board of Governors this week.
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Read more: Considering buying Canadian?
Considering buying Canadian?
With the recent developments regarding Canada’s response to U.S. tariffs, many questions have been raised regarding purchases at UBC. Visit UBC’s Finance portal for more information regarding supporting Canadian suppliers and navigating U.S. tariffs (CWL Required).
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Read more: Building the Future of Finance at UBC
Building the Future of Finance at UBC
Finance Transformation brings new tools, new roles, and a stronger, more connected Finance Community.
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Read more: Re-installation of the “Symbols for Education” mural now complete outside Brock Commons South
Re-installation of the “Symbols for Education” mural now complete outside Brock Commons South
With Brock Commons South now complete, the Symbols for Education mural is successfully reinstalled. This effort was led by Pam Troyer, Project Manager, and Victor Wong, Project Coordinator, from Facilities.
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Read more: A new Utility Portal is coming your way!
A new Utility Portal is coming your way!
The new UBC Utility Portal will be launching in Summer 2025. This portal will improve utility customers’ ability to manage their utility accounts and let them receive invoices online and go paperless!
People of the VPFO
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Read more: Get to know the senior leadership team: Yale Loh
Get to know the senior leadership team: Yale Loh
Fostering a culture of purpose driven leadership, get to know Yale Loh, Treasurer and his leadership vision: “I am a leader of a high-performing and accountable team that is driven by shared values and success, open dialogue, transparency, and orientation…
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Read more: Get to know the senior leadership team: Rae Ann Aldridge
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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Read more: Get to know the senior leadership team: Frank Laezza
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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Read more: 2023 Facilities Staff Excellence Award winners
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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Read more: Gilberto Andrade is promoted to Building Asset Specialist within Facilities’ Building Operations
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…