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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Nicholas Potovsky joins Infrastructure Development as the Accessible Buildings Planner
Co-created with the UBC Centre for Accessibility, this newly created role will help UBC develop accessibility design guidelines for new and existing campus buildings. Nicholas is a registered architect with over 10 years of experience in the design of new…
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David Sequeira joins Custodial Services as Assistant Supervisor
In his new role, David will oversee the dayshift Custodial Services team and will work out of the Life Building. David comes to us from the Office of the Dean at the Faculty of Education with responsibility for Faculty-wide health…
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Fabiola Ruiz-Aguilar joins Safety & Risk Services as Safety Advisor, Scientific Diving
In her new role as Dive Safety Officer, Fabiola is responsible for developing, strengthening and growing the Scientific Diving program in compliance with WorkSafe BC, Canadian Association for Underwater Science (CAUS) and CSA Ocean Sciences — after all the earth…
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VPFO HR team update
Daisy Chan will be going on Maternity leave starting March 2023. During her leave, Kasia Burza will be temporarily promoted to an HR Advisor until September 2024, supporting AVPFO and Treasury. Alysa Garza will be joining as an HR Coordinator…
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Silvia Magnano joins Treasury as Manager, Treasury Contracts & Real Estate
Silvia comes to us directly from the UBC University-Industry Liaison Office (UILO) where she was a Contracts Officer. Silvia brings both business and legal background to her new role. She was trained and certified as a lawyer in Argentina, where…