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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Wendy Lam joins Customer Services & Informatics in Facilities as Clerk
Through supporting engagement and communication activities, Wendy will enhance the team’s ability to make data readily available to staff managers.
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Custodial Services celebrates Vaisakhi
Custodial Services’ staff celebrated Vaisakhi on Friday morning at the start of the shift in the UBC Life Building Custodial deployment office. Special thanks to Balvir Bains and Charanjit Bains for organizing this celebration!
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UBC Emergency Management welcomes two new team members, Mariyam Syed and Alicia Head
Mariyam Syed, Emergency Management & Continuity Planning Advisor, will spearhead UBC’s Continuity Planning Program while also providing expertise to numerous other program elements, and Alicia Head, Emergency Management & Continuity Planning Associate, will have a broad support role on the…
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“What are we doing? Where can we improve?” Continuous improvement in action
Adam started at UBC as a Warehouse Clerk for UBC Bookstore in 2011 and moved into the role of Storeperson at Stores in UBC Facilities in 2016. Since then, through learning continuously, developing strong relationships and providing leadership, Adam has…
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Announcing Helen Yung as the new Comptroller for UBC
Helen joins us from Vancouver Coastal Health, where she has served as a valued senior finance leader for over 20 years, most recently as Executive Director, Controller and Financial Services.