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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Enhancing operations and safety: BRDF control room & office renovation
As part of an effort to enhance operations and safety, the Bioenergy Research Demonstration Facility (BRDF) control room and office have recently been renovated. The purpose of this renovation was to modernize the BRDF control room and personnel quarters.
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Keep track with VPFO Project Management Office’s projects through the Project Portfolio Management Dashboard
The VPFO Project Management team uses a project portfolio management (PPM) tool to help with the intake, prioritization, selection and management of continuous improvement projects at UBC. Click through to see the dashboard.
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Digital Payments Program: Information security training for new merchants
All merchants, including UBC merchants, who process credit card payments are required to be compliant with Payment Card Industry Data Security Standards (PCI-DSS). The DPP PCI-DSS Training course is required as part of DPP’s new merchant onboarding process.
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Forecasting for a solid future
Raffaela works with her team to ensure a sound financial position for UBC for generations to come. Read more about what it’s like working in a team as diverse as Treasury, what respect means to her professionally, and how she…
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Realigning Operational Excellence to Support Key Initiatives for the VPFO and UBC
The VPFO Senior Leadership Team has been working together to review, simplify, and prioritize the projects in our portfolio’s Strategic Plan. To enable key projects for the VPFO and UBC, we’re realigning some of our key resources.
People of the VPFO
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Tracy Pham joins VPFO Communications & Engagement as Manager, Digital & Creative
In her new role, Tracy aims to transform the digital channels of the VPFO and bring forth new enhancements to optimize the user experience. As a multi-skilled marketer, she brings effective technical and communication skills that can help bridge the…
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Growing our capabilities and strengthening the Treasury team
With the transition of Holly’s maternity leave, Treasury has taken this as an opportunity to grow the capabilities and knowledge of the Treasury team, and strengthen the team’s ability to provide value-added service and advice across UBC. Please join us…
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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.
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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…