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: Construction begins for UBC Sauder Expansion
Construction begins for UBC Sauder Expansion
This month, the UBC Sauder Power House Expansion Project will begin construction for a new 11-storey building that will sit on the former Power House site and next to the current Sauder School of Business facility. The demolition of the Power…
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Read more: Strengthening project and data management across the VPFO and UBC
Strengthening project and data management across the VPFO and UBC
We are pleased to introduce the new position of Executive Director, Transformation & Strategy, which will drive UBC’s finance transformation by developing a strategic financial planning and analysis framework aimed at enhancing financial efficiency and modernizing our approach.
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Read more: Celebrate Circular Economy Month
Celebrate Circular Economy Month
Join the Furniture Reuse Program team at the Zero Waste Market this October and November for reduced prices to celebrate Circular Economy Month! The Zero Waste Market sells gently used furniture best suited for home use and small budgets, as…
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Read more: Preparing for FY25 Q2 Forecast: What you need to know
Preparing for FY25 Q2 Forecast: What you need to know
In preparation for the FY25 Q2 forecast in Adaptive Planning, please review the following Q2 2025 Guidelines and References. A Zoom forecast update session will also be available for the Finance community. More information is available on the Finance website.
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Read more: Air Canada labour negotiations and your travel
Air Canada labour negotiations and your travel
Air Canada is in negotiations with the Air Line Pilots Association (ALPA). If you need to change your Air Canada reservation and have booked through Concur or a Direct Travel agent, please reach out to Direct Travel. Learn more about…
People of the VPFO
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Read more: Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations
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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Read more: Oliver Choo joins as Finance Director, Vice President Research and Innovation
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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Read more: Dimitri Kavouras steps into new role as Subhead Controls Electrician in Building Operations
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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Read more: Building a more innovative campus — one project at a time
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…
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Read more: Rosanna Ma steps into new role as Facilities Safety Associate
Rosanna Ma steps into new role as Facilities Safety Associate
Rosanna’s experience in the Research Compliance and Occupational Hygiene team in SRS and consulting industry will be extremely beneficial in her new role. She will be transitioning from the Donald Rix office to join the Facilities Safety team in the…