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

  • UBC Facilities supports student team in the construction of a unique building

    Last week, UBC started to unveil a vibrant new teaching and learning space that is one of Canada’s first institutional spaces designed to be near-zero embodied carbon. The project and student team were well supported by contributions from UBC Facilities’…

    Read more: UBC Facilities supports student team in the construction of a unique building
  • Thank you for your warm welcome from our new VP, Frank Laezza 

    Time is flying, it’s hard to believe a month has passed already since I joined the portfolio. I’m so impressed with the work I’m seeing across the team — most recently with our finance folks in finalizing UBC’s 2023/24 budget. My thanks to everyone…

    Read more: Thank you for your warm welcome from our new VP, Frank Laezza 
  • Update on UBC’s budget for the 2023/24 fiscal year

    UBC’s Board of Governors has approved the 2023/2024 budget, setting out the university’s spending priorities for the year ahead. Thank you to all those who helped create this report. Read UBC’s 2023/24 Budget Report on the UBC Finance website.

    Read more: Update on UBC’s budget for the 2023/24 fiscal year
  • UBC launches Agency Fund Guidelines (FD950)

    The Agency Fund Guidelines have been developed to provide the UBC finance community clarity on the requirements for the appropriate usage of the Agency Fund (FD950).

    Read more: UBC launches Agency Fund Guidelines (FD950)
  • UBC launches fifth year of the UniForum program

    This year we are launching year 5 of the program, and from May 29 to June 30 we will be collecting data relating to all professional staff at UBC, to better understand the types of activities they perform on a…

    Read more: UBC launches fifth year of the UniForum program

People of the VPFO

  • Eric Alister joins Safety & Risk Services as Privacy & Information Security Risk Advisor

    Eric Alister joins Safety & Risk Services’ Privacy & Information Security Management (PrISM) team, stepping into the role of Privacy & Information Security Risk Advisor. Learn more about Eric.

    Read more: Eric Alister joins Safety & Risk Services as Privacy & Information Security Risk Advisor
  • Get to know the senior leadership team: John Metras

    Fostering a culture of purpose driven leadership, get to know John Metras, Associate Vice-President, Facilities and his leadership vision: “I am an inclusive, action-oriented leader. I engage and empower my team and collaborate with stakeholders to build and maintain a…

    Read more: Get to know the senior leadership team: John Metras
  • Get to know the senior leadership team: Parveen Mann

    Fostering a culture of purpose driven leadership, get to know Parveen Mann, Director, Human Resources and her leadership vision: “I believe that if we focus on our collective purpose, collaborate and build trust with each other, and continuously learn and…

    Read more: Get to know the senior leadership team: Parveen Mann
  • Derek Ho joins Safety & Risk Services as Lead Advisor, Privacy & Information Security Risk

    Derek Ho joins Safety & Risk Services’ Privacy & Information Security Management (PrISM) team as Lead Advisor in Privacy & Information Security Risk. The SRS PrISM team delivers privacy and security risk assessments, campus-wide training and risk advisory services to…

    Read more: Derek Ho joins Safety & Risk Services as Lead Advisor, Privacy & Information Security Risk
  • 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