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

  • Help keep furniture out of the landfill with the Furniture Reuse Program

    The Furniture Reuse program accepts donations of gently used, surplus furniture from faculty and departments and resells it to the UBC community and broader public to help divert waste from disposal. Learn more about this program and how to donate…

    Read more: Help keep furniture out of the landfill with the Furniture Reuse Program
  • Jen Dick joins UBC Facilities’ Learning Spaces Team as Learning Space Planner

    Jen Dick joins UBC Facilities’ Learning Spaces Team as the Learning Space Planner. Jen comes to us from the Construction Office where she has served as a Project Coordinator, most recently completing the Buchanan A theatre flood remediation and Neville…

    Read more: Jen Dick joins UBC Facilities’ Learning Spaces Team as Learning Space Planner
  • UBC Investment Management releases FY22-23 Annual Report

    UBC Investment Management released its FY22-23 Annual Report today, delivering strong performance on behalf of the funds we manage, The University of British Columbia Endowment and the UBC Staff Pension Plan, while at the same time furthering our efforts in…

    Read more: UBC Investment Management releases FY22-23 Annual Report
  • What do we mean when we say “budget”?

    UBC’s annual budget process is underway and in the VPFO that means we’re working on the portfolio financial plan that will feed into the university-wide budget proposal, as well as overseeing the university-wide process. At the same time, we’re also…

    Read more: What do we mean when we say “budget”?
  • Lance Xu joins Campus Security as Secure Access Technician

    Lance Xu joins Campus Security as a Secure Access Technician. Lance is a dedicated security access technician with a profound passion for the physical security industry. He joins us from Chubb Security and is currently attending BCIT and working towards…

    Read more: Lance Xu joins Campus Security as Secure Access Technician

People of the VPFO

  • Get to know the senior leadership team: Yale Loh

    Fostering a culture of purpose driven leadership, get to know Yale Loh, Treasurer and his leadership vision: “I am a leader of a high-performing and accountable team that is driven by shared values and success, open dialogue, transparency, and orientation…

    Read more: Get to know the senior leadership team: Yale Loh
  • 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…

    Read more: Get to know the senior leadership team: Rae Ann Aldridge
  • 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.”

    Read more: Get to know the senior leadership team: Frank Laezza
  • 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!

    Read more: 2023 Facilities Staff Excellence Award winners
  • 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…

    Read more: Gilberto Andrade is promoted to Building Asset Specialist within Facilities’ Building Operations