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: Read UBC’s 2024 Annual Financial Statements

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…
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Read more: Update: Public Health Officer order for COVID-19
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 Bonnie Henry issued an order to end the public health emergency for COVID-19 and rescinded all related Provincial Health Officer (PHO) orders.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…
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Read more: Beat the heat this summer

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…
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Read more: Show your connection to the VPFO with updated templates

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…
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Read more: Sahar Mirkhosravi joins Treasury as Tax Analyst
Sahar Mirkhosravi joins Treasury as Tax Analyst
We are pleased to announce that Sahar Mirkhosravi will be joining the Treasury team as Tax Analyst (Term) starting August 1, 2024, to cover for Kelly Ren’s maternity leave. Sahar has gained over 13 years of work experience at UBC…
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.