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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Sam Stephens steps into new role as Interim Director, Campus Security in Safety & Risk Services
In his new position, Sam will be responsible for leading the Campus Security team and ensuring that we continue to provide great service to keep the campus community safe and secure.
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Jessica Dadwal joins Infrastructure Development’s Asset Replacement and Improvement Team as the Manager, Construction Office
A strong project manager with notable leadership skills and dedication to supporting her team and clients in an approachable, hands-on manner, Jessica will hold a pivotal role in the Construction Office team.
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Sean Lynch steps into role as Acting Director, Custodial Service in Facilities
Starting June 6, Sean Lynch will be Acting Director, Custodial Service in Facilities. He joined UBC in 2011 in Student Housing & Community Services and joined Custodial Services as Operations Manager in 2017.
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Caroline Macleod promoted to Executive Assistant to Associate Vice-President, Facilities
Caroline brings a wealth of experience to this role and will be responsible for liaising with the wider University community and fostering working relationships with Senior Executives across the University. Caroline will be the primary contact person for John Metras,…
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Changes in the VPFO HR team
We are pleased to announce a number of positive changes on the VPFO Human Resources team. We have prepared a service map to help you navigate these changes and understand the roles and assigned departments of our team members.