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

  • UBC launches new programs to help tackle cybersecurity risk

    UBC launches the Compliance Support Program and the Privacy Matters Champions Program to help mitigate information security risk. A major cybersecurity breach has the potential to seriously hamper UBC’s operations, reputation and position as a world-class institution, as well as…

    Read more: UBC launches new programs to help tackle cybersecurity risk
  • Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations

    It would be difficult for anyone to argue that Frank Laezza isn’t willing to go the distance for UBC. Fresh off a flight from Perth, Australia, he quite literally came from the opposite side of the planet to take up…

    Read more: Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations
  • UBC will be included in Homelessness Services Association of BC’s Point-in-Time Homeless Count

    UBC Campus Security and UBC Sprouts — a 100% volunteer and student-run organization at UBC, along with volunteers from across the university will be taking part in the Homelessness Services Association of BC’s Point-in-Time Homeless Count to collect details about…

    Read more: UBC will be included in Homelessness Services Association of BC’s Point-in-Time Homeless Count
  • Demolition of UBC Power House this summer

    This Summer, the UBC Power House will undergo demolition to prepare for the development of the new UBC Sauder School of Business expansion. The stunning 11-storey building will be constructed next to the current Sauder School of Business in the…

    Read more: Demolition of UBC Power House this summer
  • Have you completed all UBC Required Training?

    On March 6, staff and student-staff who are not up to date on their UBC Required Training will receive a Workday notification as a reminder to complete the training(s). Please keep an eye out for this new notification and check…

    Read more: Have you completed all UBC Required Training?

People of the VPFO

  • Bill Liu promoted to Procurement Officer in UBC Financial Operations

    In his new role, Bill will play a key role in leading and completing RFx processes for purchases above $75K. The role is integral to the success of the Procurement Sourcing team by ensuring best procurement practices are being followed.

    Read more: Bill Liu promoted to Procurement Officer in UBC Financial Operations
  • Raymond Lum promoted to Subhead Metal Worker in Building Operations

    Raymond has been in the metal shop at UBC for seven years and has a wealth of knowledge and experience in layout, fabricating, assembling, welding and installation. He was a participant in the Expression of Interest (EOI) program and is…

    Read more: Raymond Lum promoted to Subhead Metal Worker in Building Operations
  • Aligning enhanced safety and reducing risk for the university

    In alignment with the VPFO and SRS strategic plan, Safety & Risk Services (SRS) is moving to the next step that builds on our strengths and opportunities to continue to align around enhanced safety and reduced risk for faculty, staff,…

    Read more: Aligning enhanced safety and reducing risk for the university
  • Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors

    Cassandra Torres (she, her, hers) and Evan Lloyd join the Emergency Management team in Safety & Risk Services as Emergency Management & Continuity Planning Advisors. Their education and backgrounds in emergency response will be great assets to the team.

    Read more: Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors
  • Siu Tse will be Acting Managing Director, Energy & Water Services

    Today is David Woodson’s last day at UBC as Managing Director, Energy & Water Services after 23½ years of outstanding service and many great memories. I am pleased to announce that Siu Tse will be Acting Managing Director, Energy & Water Services while we…

    Read more: Siu Tse will be Acting Managing Director, Energy & Water Services