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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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…
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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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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…