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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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’…
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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…
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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.
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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).
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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…
People of the VPFO
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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…
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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…
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Jenny Black joins UBC Facilities as Red Zone Facilities Manager
Jenny joins UBC Facilities’ Customer Services & Informatics team from UBC Athletics & Recreation where she has been working for the past 9 years as a facility coordinator and facility manager. Buildings in her portfolio have included the War Memorial…
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Jeannie Lee joins Facilities’ Energy & Water Services as Utilities Manager
Jeannie brings in extensive, local knowledge in both private and public engineering sectors focuses on utilities planning, stormwater management, and climate change resilience. Prior to joining UBC, Jeannie was the Senior Engineer in the City of Vancouver, leading their Flood…
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Steven Wong joins Comptroller’s Capital Financial Management & Reporting as Finance Manager in Project Accounting
Steven will be working closely with Capital Planning & Development and Project Services, in Facilities, responsible for overseeing the financial aspects of Facilities projects. This includes project costing, funding, planning, and reporting to support the successful delivery of capital projects…