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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Serving our diverse campus
UBC President and Vice-Chancellor Santa Ono recently released a statement about systemic racism at UBC. We at Safety & Risk Services and in the VPFO portfolio want to ensure we create a sense of safety, trust and security among all…
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UBC and systemic racism
Recent events, including the incident involving UBC graduate student Savoy Williams, have brought to light the pervasiveness of systemic racism, and in particular anti-Black racism. When any population on campus does not feel included, respected, and engaged, it impacts their…
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Museum of Anthropology (MOA) Great Hall Renewal Open House
Due to precautions in place for COVID-19, public consultation for this project will take place online on Monday, June 29. Join the meeting anytime between 4:30-6:30 p.m. Construction is anticipated to start mid-late September 2020.
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New 12 MW biomass boiler arrives on campus
As part of the Bioenergy facility expansion, the anticipated 12 MW biomass fueled hot water combustion boiler arrived on campus at the Bioenergy Research Demonstration Facility (BRDF), and was craned into place for the next phase of the boiler placement.
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UBC to establish new downtown Kelowna presence
UBC will be establishing a new university presence in downtown Kelowna with plans to build a mixed-use building at the former Daily Courier location at 550 Doyle Avenue. The development will feature community-facing academic space, office space and university rental…
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.