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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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…
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Update: Purchases under $3,500
Learn more about the three options available for faculties, departments and units for purchases of goods and/or services up to $3,500 Canadian Dollars in value inclusive of taxes per person.
People of the VPFO
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Welcome to the new members of our Transformation & Strategy Team
The VPFO’s Transformation & Strategy division is growing this summer with the addition of three new team members.
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Cathy Myles steps into role as Director, Insurance and Loss Prevention in Safety & Risk Services
We are thrilled to announce that Cathy Myles has accepted the position of Director, Insurance and Loss Prevention (I&LP) within the Safety & Risk Services team and will be starting position on August 11.
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Jay Rojas joins as new Manager, Community Support in Safety & Risk Services
Join us in welcoming Jay Rojas as new Manager, Community Support, in Safety & Risk Services, effective July 16.
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Entela Ifti promoted to new role as Associate Director, Finance Strategy & Decision Support
We are pleased to share that Entela Ifti will be transitioning to a new role as Associate Director, Finance Strategy & Decision Support within VPFO Transformation & Strategy, effective August 5.
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Maddy Speck joins as Safety Associate in Safety & Risk Services
Welcome Maddy Speck as our new Safety Associate, Faculty of Medicine, starting July 14!