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
-
The VP Finance & Operations is expanding with the addition of UBC’s Enterprise Risk & Assurance
Effective January 15, 2024, the VP Finance & Operations (VPFO) will be welcoming UBC’s Enterprise Risk & Assurance (ERA) team to the portfolio. This strategic transition is part of our ongoing efforts to optimize the university’s organizational structure, enhance operational…
-
Construction begins on the Laboratory of Archeology – Iona Building
Construction has begun on the new Community Research Centre in the Laboratory of Archeology at the Iona Building. This project aims to create a new space for housing archaeological collections recovered from ancient villages and other archaeological sites around the…
-
UBC launches Zero Waste Market to promote sustainability
UBC’s Furniture Reuse program featured in the Ubyssey. The initiative, lead by the UBC facilities department, aims to reduce waste on campus by promoting the reuse of furniture, electronics and other items.
-
Here Is Why Your Net Pay May Be Lower in January
Find out why your net pay may be lower in January, how it affects your personal credit return, and how to get support on updating your tax elections.
-
Delay in ordering UBC Visa cards
Due to office closure over the holiday season, UBC’s Credit Card team will hold off on ordering new UBC Visa cards starting from Wednesday, December 13, 2023, until Tuesday, January 2, 2024.
People of the VPFO
-
Pera Hardy joins the Facilities Planning team in Infrastructure Development as Senior Facilities Planner
Pera is a registered architect (AIBC) and LEED Green Associate, Canada Green Building Council (CaGBC). Her programming, planning, design and construction experience in K-12 schools and post-secondary projects will be very beneficial to facilities planning work on campus.
-
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…
-
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…
-
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…
-
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…