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

  • Pedaling safety: UBC’s newest bike patrol officers

    Campus Security has been supporting our newest wave of bike patrol officers, who recently completed a bike patrol training course. This training allows them to continue to monitor and respond to our community’s needs promptly.

    Read more: Pedaling safety: UBC’s newest bike patrol officers
  • Staying safe in the summer weather

    As the temperatures rise, learn how to identify signs and symptoms, the risks related to heat-related illnesses and how to protect yourself by completing the Heat Stress Awareness course. It is important to recognize the signs and symptoms early on…

    Read more: Staying safe in the summer weather
  • Streamlining backfills and recruitment for Custodial Services

    Custodial Services will be streamlining the process for identifying backfills and facilitating staff moves and recruitment. This change will help facilitate quicker moves of internal staff who are interested in moving to a new shift, and create a quicker turnaround…

    Read more: Streamlining backfills and recruitment for Custodial Services
  • Working behind the scenes to ensure a safe and efficient campus   

    As our campus winds down for the summer term, Facilities’ Energy & Water Services has been busy ensuring safety and smooth operations throughout our campus. 

    Read more: Working behind the scenes to ensure a safe and efficient campus   
  • Read UBC’s 2023 Annual Financial Statements

    The Annual Financial Statements for year ended March 31, 2023, 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…

    Read more: Read UBC’s 2023 Annual Financial Statements

People of the VPFO

  • 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
  • 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.

    Read more: Siret Ulp joins Finance & Integrated Services as Procurement Programs Advisor