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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Steven Bao Joins UBC as Finance Director, Special Projects
Starting January 11th Steven will be working with the Karamjeet Heer in the Comptroller’s portfolio, with a focus on financial reporting matters.
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Join virtual open house on UBCO in downtown Kelowna
Join us virtually on January 19 at 7 p.m. to learn more about this initiative and share your thoughts during a virtual open house. In partnership with UBC Properties Trust, UBC Okanagan is planning a new building in downtown Kelowna.…
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Stanley Lau joins UBC as Manager, Payroll Operations and Control
Starting January 11, Stanley will be responsible for the day-to-day operations of the payroll and benefits team, and lead the area in providing exceptional payroll services to the campus community.
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Spreading some holiday cheer at UBC Hospital’s Patient Park
After the water feature was shut down at UBC Hospital’s Patient Park for the winter months, lights were installed in the park to spread some holiday cheer! Building Operations’ Streets & Operations Support (SOS) team wanted to brighten the park…
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Update on UBC’s initiatives to address anti-racism
Recognizing the importance of addressing systemic racism within our community, Executive Co-Leads would also like to highlight some staffing updates and four new initiatives.
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.