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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Maintaining an ideal exam experience at UBC
Setting up an exam space is not an easy task — it requires hours of hard work and strict compliance with UBC’s exam requirements, especially with the setup of tables and chairs and delivery of exam booklets, to ensure a…
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Meet UBC’s new cogeneration engine
UBC’s replacement cogeneration engine, the Jenbacher J-612 arrived in its new home inside the Bioenergy Research Demonstration Facility (BRDF) engine room on April 6, 2023, and is being commissioned for operation in May 2023.
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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’…
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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.
People of the VPFO
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Sean Lynch steps into role as Acting Director, Custodial Service in Facilities
Starting June 6, Sean Lynch will be Acting Director, Custodial Service in Facilities. He joined UBC in 2011 in Student Housing & Community Services and joined Custodial Services as Operations Manager in 2017.
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Caroline Macleod promoted to Executive Assistant to Associate Vice-President, Facilities
Caroline brings a wealth of experience to this role and will be responsible for liaising with the wider University community and fostering working relationships with Senior Executives across the University. Caroline will be the primary contact person for John Metras,…
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Changes in the VPFO HR team
We are pleased to announce a number of positive changes on the VPFO Human Resources team. We have prepared a service map to help you navigate these changes and understand the roles and assigned departments of our team members.
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Ernesto Castano joins UBC’s Financial Operations group as the Associate Director, Procurement
Ernesto will play a vital role in leading the Procurement function to support our community in meeting their needs through the procurement and competitive bidding processes, leveraging Workday and Planon.
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Joan Mar and Entela Ifti step into new positions in the Financial Planning & Analysis team
In their new roles, Joan and Entela will work with the Assistant Comptroller to lead the FP&A team and support our partners across the university. Joan Mar will be joining as Director, Financial Planning & Analysis on June 16, and…