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 Evaluated As Having “Outstanding Market Position” by Moodys
Bond credit rating company Moody’s Investors Service (commonly referred to as “Moody’s”) has given UBC an Aa1 rating, reflecting “an outstanding market position supported by robust student demand, and a very strong research reputation which has historically allowed the university…
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Video: Virtual Hot Lunch with John Metras
John Metras, Associate Vice-President, Facilities presented at St. John College’s Virtual Hot Lunch Series on January 27, 2021. If you missed the Virtual Hot Lunch with John, or would like to revisit the talk, the event can be viewed on the St John…
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Public consultation for School of Biomedical Engineering
The proposal is for a 14,530 sq. m 5-storey academic building containing teaching, research, and administrative space for the UBC School of Biomedical Engineering. Two online public open house events will be held for this project on February 23, 2021.…
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Public consultation for Hydrogen Fueling Station
A hydrogen generation and refueling station is proposed for Thunderbird Boulevard west of the Thunderbird Parkade. The project is part of the UBC Clean Energy Research Centre’s Clean, Connected, and Safe Transportation Testbed. The virtual public open house event will…
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Pre-Approved Suppliers Now Available for Reusable Non-Medical Masks
In order to facilitate the sourcing and purchasing of masks at UBC, the Financial Operations team — in partnership with UBC’s Safety & Risk Services department — has secured non-exclusive contracts and fixed pricing with three qualified suppliers on an…
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.