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.

Learn about the VPFO Strategic Plan

News from the VPFO

  • 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’…

    Read more: UBC Facilities supports student team in the construction of a unique building

  • 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…

    Read more: Thank you for your warm welcome from our new VP, Frank Laezza 

  • 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.

    Read more: Update on UBC’s budget for the 2023/24 fiscal year

  • 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).

    Read more: UBC launches Agency Fund Guidelines (FD950)
  • Thomas Straley and team at UBC Technology Enterprise Facility

    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…

    Read more: UBC launches fifth year of the UniForum program

People of the VPFO

There are no news items available at this time. Please check back later.