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

  • 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.

    Read more: Closing the front counter reception on the fifth floor of TEF 3
  • 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,…

    Read more: Welcoming Maggie Ivanova as UBC’s New Chief Enterprise Risk & Assurance Officer
  • Help with the Point-in-Time Homeless Count at UBC

    The Homelessness Services Association of BC (HSABC) regularly conducts Point-in-Time Homeless Count across BC. The program collects details about the experiences and demographics of people who are experiencing homelessness.

    Read more: Help with the Point-in-Time Homeless Count at UBC
  • Are you and your team up to date on your mandatory training?

    To help keep UBC one of the safest and most welcoming places in Canada, the university has released several new mandatory courses through the Workplace Learning (WPL) platform. Every March and October, staff who are not up to date on…

    Read more: Are you and your team up to date on your mandatory training?
  • Strengthening UBC’s long-term financial planning

    The VPFO is strengthening its long-term financial planning capabilities by forming a new Long-Term Financial Modelling & Planning team, which will report to Treasurer, Yale Loh. Aligned with VPFO Strategic Goal 1.1, this team will enhance UBC’s existing long-term financial…

    Read more: Strengthening UBC’s long-term financial planning

People of the VPFO

  • Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations

    It would be difficult for anyone to argue that Frank Laezza isn’t willing to go the distance for UBC. Fresh off a flight from Perth, Australia, he quite literally came from the opposite side of the planet to take up…

    Read more: Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations
  • Oliver Choo joins as Finance Director, Vice President Research and Innovation

    In his new role, Oliver will be responsible for providing strategic financial leadership within the 16 units of the VPRI portfolio. In addition to managing the portfolio budget of $58M, Oliver will support key initiatives that have significant impact on…

    Read more: Oliver Choo joins as Finance Director, Vice President Research and Innovation
  • Dimitri Kavouras steps into new role as Subhead Controls Electrician in Building Operations

    Passionate about contributing to the UBC community, Dimitri is a current shop steward, previous union delegate, and participant in two apprenticeship committees. He was awarded the Kim Nulty award in 2020 for his contributions and excellence in categories like employee…

    Read more: Dimitri Kavouras steps into new role as Subhead Controls Electrician in Building Operations
  • Building a more innovative campus — one project at a time

    A powerful duo in the VPFO, Aletha Utimati, a PMP-certified Project Manager and Sandy Sull, a Chartered Professional Accountant (CPA) bring completely different expertise but share a vision for an innovative campus, a passion for collaboration, and the ability to…

    Read more: Building a more innovative campus — one project at a time
  • Rosanna Ma steps into new role as Facilities Safety Associate

    Rosanna’s experience in the Research Compliance and Occupational Hygiene team in SRS and consulting industry will be extremely beneficial in her new role. She will be transitioning from the Donald Rix office to join the Facilities Safety team in the…

    Read more: Rosanna Ma steps into new role as Facilities Safety Associate