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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Crystal Liu joins UBC Facilities as a Buyer for Project Services
Crystal Liu is joining the sourcing team as a Buyer for Project Services on January 8. Before UBC, she was a Procurement Advisor and Supply Chain Planner at Suncor for 13 years.
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John Ede joins UBC Facilities’ Municipal Services as Contract Manager
John will be joining UBC Facilities on January 13. He holds a Bachelor of Applied Science in Chemical Engineering, a Master of Public Policy and Global Affairs, and is a Certified Supply Chain Professional.
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Brad Klaiber joins the Office of the Comptroller as Senior Director, Accounting and Compliance
We are pleased to welcome Brad Klaiber as the new Senior Director, Accounting and Compliance, joining the Office of the Comptroller on January 6, 2025. Reporting to the Comptroller, Brad will be entrusted with providing leadership to the Finance Reporting…
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Sabrina Lin joins VPFO as Executive Assistant to the VPFO HR Director and Treasurer
Sabrina Lin joins the VPFO Admin team as an Executive Assistant to the VPFO HR Director and Treasurer. Sabrina brings a wealth of experience in project management, event coordination and client service.
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Saad Ibrahim joins UBC Facilities’ Energy & Water Services as Civil Engineer
As of December 2, Saad Ibrahim has joined Energy & Water Services. He joins us from the City of Brantford, Ontario, where he worked as a Design Engineer and Project Manager overseeing capital projects in roads, water, and wastewater. Learn…