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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Dealing with natural disasters at UBC
Featured in University Affairs (UA), Hailey Maxwell, Manager of Emergency Management & Continuity Planning speaks about some of the programs and activities UBC offers to help students, faculty, and staff prepare for different types of emergencies.
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Keeping our campus warm
It’s not easy keeping a campus as large as UBC warm throughout the cooler months. Most buildings on the UBC Vancouver campus are connected to a centralized thermal energy system managed by Energy & Water Services. Kudos to our thermal…
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Finance & HR IRP Benefits Realization Management to cease monthly reporting in April 2023
Since 2020, Integrated Renewal Program’s Benefits Realization Management (IRP BRM) has been providing visibility into UBC’s journey towards achieving the benefits of implementing Workday HR and Finance. Now in its third year and with the current fiscal year coming to…
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Welcome Frank Laezza!
Today marks the official start of Frank Laezza’s tenure with UBC as our new Vice-President Finance & Operations. As a strong believer in connected leadership, Frank is looking forward to working with the VPFO team of 1400+ people in the…
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Daylight Savings time can affect workplace health & safety
A reminder that Daylight Savings Time is taking place this weekend on Sunday, March 12th where we “spring ahead” and advance our clocks forward by one hour. This means that we will all wake up one hour earlier than normal.…
People of the VPFO
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Michaela Kelly joins as Executive Assistant supporting Executive Director, UBC Safety & Risk Services
Michaela comes to UBC from the public relations agency Hill+Knowlton Strategies (H+K), where she provided strategic and integrated communications support to some of Canada’s leading brands across a wide range of sectors.
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Valerie Nichol appointed UBCO’s Director of Integrated Planning and Chief Budget Officer as of July 1, 2023
Valerie brings seven years of valuable experience within UBC Okanagan, along with a significant tenure in various other organizations, which she will leverage to enhance our finance team.
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Samuel Akindele joins Facilities’ Municipal Services as Trades 3 Mechanic
Samuel has over 15 years of experience as Heavy Duty Mechanic. He joins UBC most recently from BC Ferries where he worked as Marine Engine Mechanic, and was responsible for Engine Overhauling, Rad Drives, and Pumps.
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Forecasting for a solid future
Raffaela works with her team to ensure a sound financial position for UBC for generations to come. Read more about what it’s like working in a team as diverse as Treasury, what respect means to her professionally, and how she…
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Bringing teams together over good food and good laughs
“Food brings people together,” explains Bryan Antenor, Customer Support Manager in Financial Operations. “Connecting over potlucks, having a few good laughs and participating in highly competitive Mario Kart Switch tournaments are just some of the simple yet effective ways we…