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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Mandy Li to step into the role of Interim Manager of Financial Analysis within the Financial Reporting team
We are excited to announce that Mandy Li (Senior Financial Analyst) will be stepping into the role of Interim Manager of Financial Analysis within the Financial Reporting Team.
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Jeev Saini appointed as new Head of Mechanical Operations in Building Operations
Jeev Saini has been appointed as the new Head of Mechanical Operations in Building Operations, effective February 3. We are excited to see Jeev step into this key role and provide continued dedicated support to our Mechanical Operations team.
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Michelle Yuen joins the Project Accounting team within Comptroller as a Financial Analyst
Michelle Yuen has joined the Project Accounting team within Comptroller as a Financial Analyst on January 27. She comes to us with a wealth of experience in regulatory reporting and analysis, most recently having worked with the Royal Bank of…
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Charles Creelman is promoted to Electrical Technical Specialist in Facilities’ Building Operations
Charles Creelman has been promoted to Electrical Technical Specialist (ETS) in Facilities’ Building Operations and will be starting in his new role on Monday, January 27. Join us in congratulating Charles on his well-deserved promotion!
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Leena Mahasen joins VPFO as Executive Director, Transformation and Strategy
Leena Mahasen will be joining as an Executive Director, Transformation and Strategy in the VP Finance & Operations on Monday, February 10. Reporting to the VP Finance & Operations, Leena’s expertise and leadership will play a key role in driving…