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: Adopting a new Facilities service delivery model

Adopting a new Facilities service delivery model
Starting April 1, Facilities will be transitioning to a more streamlined and sustainable service model, and the 15-hour non-billable labour limit for customer-funded services will be discontinued.
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Read more: Join the conversation: Get ready for VPFO Day on May 12

Join the conversation: Get ready for VPFO Day on May 12
On Monday, May 12, join us for a time of connection to talk about our work, our values and the culture we’re building within the VPFO.
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Read more: Shifting our UBC Travel Program services

Shifting our UBC Travel Program services
Over the years, there has been a significant shift in the way the community books travel, moving away from the services offered through the University-related travel page. As such, we are shifting and streamlining our contract management and support for…
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Read more: Closing the front counter reception on the fifth floor of TEF 3

Closing the front counter reception on the fifth floor of TEF 3
Effective February 28, the front counter reception on the fifth floor of Technology Enterprise Facility 3 (TEF 3) will be closed. This closure is part of our ongoing review of resources, programs, and processes to improve efficiencies and continuous improvement.
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Read more: Welcoming Maggie Ivanova as UBC’s New Chief Enterprise Risk & Assurance Officer

Welcoming Maggie Ivanova as UBC’s New Chief Enterprise Risk & Assurance Officer
Maggie Ivanova will begin her role as UBC’s new Chief Enterprise Risk and Assurance Officer on April 7. She will provide strategic leadership to the university’s Internal Assurance and Enterprise Risk Management functions and will report jointly to the Vice-President,…
People of the VPFO
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Read more: Get to know the senior leadership team: Rae Ann Aldridge
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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Read more: Get to know the senior leadership team: Frank Laezza
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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Read more: 2023 Facilities Staff Excellence Award winners
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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Read more: Gilberto Andrade is promoted to Building Asset Specialist within Facilities’ Building Operations
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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Read more: Siret Ulp joins Finance & Integrated Services as Procurement Programs Advisor
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.