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 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’…

    Read more: UBC Facilities supports student team in the construction of a unique building
  • 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…

    Read more: Thank you for your warm welcome from our new VP, Frank Laezza 
  • 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.

    Read more: Update on UBC’s budget for the 2023/24 fiscal year
  • 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).

    Read more: UBC launches Agency Fund Guidelines (FD950)
  • 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…

    Read more: UBC launches fifth year of the UniForum program

People of the VPFO

  • Curtis Spencer is promoted to Subhead Electrical Maintenance in Building Operations

    Curtis joined UBC in February 2017 working on campus street lights before moving to the electrical controls crew where he took on both the green and teal zones. Curtis has vast experience in commercial and industrial settings, and has shown…

    Read more: Curtis Spencer is promoted to Subhead Electrical Maintenance in Building Operations
  • Chris Bastien joins as the Finance Services Manager

    As the Finance Services Manager, Chris will play a vital role in leading the Finance Services Team to support our Community in Finance Period End activities, and the improvement of Workday’s processes. Chris comes to us with 20 years of…

    Read more: Chris Bastien joins as the Finance Services Manager
  • Kyle Fenton joins Infrastructure Development as Associate Project Manager

    Kyle’s diverse range of professional skills within project management and project design and construction, coupled with his unique insights into different project roles will be a definite asset to the Project Services team.

    Read more: Kyle Fenton joins Infrastructure Development as Associate Project Manager
  • 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