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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CRA prescribed interest rate remains at 5% for Q3 2023
The CRA Prescribed Interest Rate will be 5%, in effect from July 1, 2023 to September 30, 2023. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will have an effect…
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Welcome to Helen Yung, UBC’s new Comptroller
Helen Yung joins UBC today as the university’s new Comptroller, with responsibility for delivering financial intelligence, planning, and reporting to facilitate decision-making.
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Take part in the Mass Care Open House & Preparedness Fair to become better prepared for emergencies
Safety & Risk Services’ Emergency Management team will be hosting a Mass Care Open House on June 28, 2023. This event is an opportunity for key responding staff to familiarize and problem-solve the mass care planning done to date. Mass…
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Realignment of roles within Financial Service & Strategic Procurement
Over the years, Financial Service & Strategic Procurement within Finance & Operational Excellence have been working with faculties and administrative units to look for opportunities to improve levels of service across the university. In order to improve our service level…
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MOA Great Hall Renewal project featured in Engineers & Geoscientists British Columbia’s Innovation magazine
The Museum of Anthropology (MOA) Great Hall Renewal project was featured in the annual project highlights issue of Engineers & Geoscientists British Columbia (EGBC)’s Innovation magazine, a showcase of innovative and sustainable projects.
People of the VPFO
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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…
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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…
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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…
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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…
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Rosanna Ma steps into new role as Facilities Safety Associate
Rosanna’s experience in the Research Compliance and Occupational Hygiene team in SRS and consulting industry will be extremely beneficial in her new role. She will be transitioning from the Donald Rix office to join the Facilities Safety team in the…