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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Jenny Black joins UBC Facilities as Red Zone Facilities Manager
Jenny joins UBC Facilities’ Customer Services & Informatics team from UBC Athletics & Recreation where she has been working for the past 9 years as a facility coordinator and facility manager. Buildings in her portfolio have included the War Memorial…
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Jeannie Lee joins Facilities’ Energy & Water Services as Utilities Manager
Jeannie brings in extensive, local knowledge in both private and public engineering sectors focuses on utilities planning, stormwater management, and climate change resilience. Prior to joining UBC, Jeannie was the Senior Engineer in the City of Vancouver, leading their Flood…
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Steven Wong joins Comptroller’s Capital Financial Management & Reporting as Finance Manager in Project Accounting
Steven will be working closely with Capital Planning & Development and Project Services, in Facilities, responsible for overseeing the financial aspects of Facilities projects. This includes project costing, funding, planning, and reporting to support the successful delivery of capital projects…
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Nikki Reiter and Betty Han join the VPFO Project Management Office as Continuous Improvement Program Manager
Nikki joins the VPFO Project Management Office from the Integrated Renewal Program (IRP) – Student, where she served as Acting Associate Director, Transformation & Change Management leading a team of change management specialists to support UBC’s transition to Workday Student.…
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Alan Ehrenholz joins Facilities’ Municipal Services as Municipal Engineer
Alan will help enhance our technical expertise in civil engineering and asset stewardship. Alan’s passion and contribution towards community-oriented initiatives will help strengthen our equity, diversity and inclusion work while balancing the operational and maintenance needs for a resilient campus…