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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HSBC-RBC Transition project website is now live
The Royal Bank of Canada (RBC) acquisition of HSBC Bank Canada (HSBC) was legally completed on March 28, 2024. A new HSBC-RBC Transition project website has been created to help the finance community follow along with UBC’s transition plan.
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UBC Third Quarter 2023/24 Financial Report is now available
The university’s third quarter 2023/24 financial report is now available on the UBC Finance website.
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Keeping the clean water flowing to campus – 16th Ave Water Main Replacement begins April 15
This project will replace 400 metres of aging water main infrastructure along 16th Avenue. Expect noise and traffic changes along the route.
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Water dispensing and filtration equipment
Drinking water on the UBC Vancouver campus comes from Metro Vancouver’s water system, and is regularly tested to maintain high-quality drinking water. But if a faculty/department would like to order third-party water dispensing and filtration equipment, this order and ongoing maintenance or…
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50% off furniture at the Zero Waste Market
As spring rolls around, the Zero Waste Market is excited to announce that during April and May, will be 50% off, with some items free. Stop by to check out the furniture, stationary, lamps, and unique vintage items! Learn more.
People of the VPFO
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Strengthening Municipal Services’ Asset and Fleet Management Services within Facilities
In order to enhance their technical expertise in civil engineering, asset stewardship and fleet management, UBC Facilities’ Municipal Services is pleased to welcome two new team members, Fiona Keating, Senior Manager, and Rishi Purohit, Fleet and Asset Manager.
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Making accountability personal
Thomas Straley — with 20 years of experience in Accounts Payable — is one of the lucky people who find their dream job early and build an endlessly rewarding career.
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Joanna Huang steps into Finance Manager role supporting the VPHR and VPFO Admin portfolios
Since stepping into the Acting role in June 2022, Joanna has played an instrumental in supporting her client areas through a busy quarter-end and the start of the FY23 budget process.
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Frank Laezza appointed Vice-President, Finance and Operations
Mr. Laezza will join us from Murdoch University, Australia, where he is Chief Financial Officer with responsibility for leading the university’s business and finance functions, as well as for the management of its financial and capital resources. Mr. Laezza will…
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Gardenia Honório transitions into new role as Business Operations Manager within Facilities’ Customer Services and Informatics
Gardenia will lead the Facilities Service Centre and Clerical teams and the Staff Records team, support training and other important Facilities initiatives including onboarding, safety training scheduling, IT device management, etc.