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
-
Come out and watch Frank Laezza play in this year’s Battle of the Bats!
Come out and cheer for a thrilling opportunity to see UBC’s student leaders face off against members of UBC’s Executive and Board of Governors. Frank Laezza, Vice-President Finance & Operations, will be playing on Team Exec on Thursday, August 29,…
-
Read UBC’s 2024 Annual Financial Statements
The Annual Financial Statements for year ended March 31, 2024, is now available on the UBC Finance website. UBC’s consolidated financial statements reflect the assets, liabilities, revenues and expenses of UBC, covering the fiscal year from April 1 to March…
-
Update: Public Health Officer order for COVID-19
On July 26, 2024, Dr. Bonnie Henry issued an order to end the public health emergency for COVID-19 and rescinded all related Provincial Health Officer (PHO) orders. Please update any UBC materials referencing the PHO and properly retain or destroy…
-
Beat the heat this summer
During extreme heat, it’s important to lower your activity levels and stay in a cool area drinking fluids. If a heat warning has been issued, seek access to a cool space or go to a cooling centre. Know the signs…
-
Show your connection to the VPFO with updated templates
You’ve already seen the new look at VPFO Day and on our websites. Now it’s your turn to integrated this look and feel to your own reports, presentations, and more. The new updated templates will help build consistency to communications…
People of the VPFO
-
Michaela Kelly joins as Executive Assistant supporting Executive Director, UBC Safety & Risk Services
Michaela comes to UBC from the public relations agency Hill+Knowlton Strategies (H+K), where she provided strategic and integrated communications support to some of Canada’s leading brands across a wide range of sectors.
-
Valerie Nichol appointed UBCO’s Director of Integrated Planning and Chief Budget Officer as of July 1, 2023
Valerie brings seven years of valuable experience within UBC Okanagan, along with a significant tenure in various other organizations, which she will leverage to enhance our finance team.
-
Samuel Akindele joins Facilities’ Municipal Services as Trades 3 Mechanic
Samuel has over 15 years of experience as Heavy Duty Mechanic. He joins UBC most recently from BC Ferries where he worked as Marine Engine Mechanic, and was responsible for Engine Overhauling, Rad Drives, and Pumps.
-
Forecasting for a solid future
Raffaela works with her team to ensure a sound financial position for UBC for generations to come. Read more about what it’s like working in a team as diverse as Treasury, what respect means to her professionally, and how she…
-
Bringing teams together over good food and good laughs
“Food brings people together,” explains Bryan Antenor, Customer Support Manager in Financial Operations. “Connecting over potlucks, having a few good laughs and participating in highly competitive Mario Kart Switch tournaments are just some of the simple yet effective ways we…