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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Increase in CRA Prescribed Interest Rate effective April 1, 2023
The CRA Prescribed Interest Rate will increase to 5% as of April 1, 2023. This rate will be in effect from April 1–June 30, 2023. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will…
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Educating young children on solid waste collection on campus
The Waste Management team in Municipal Services within UBC Facilities recently paid a visit to the Berwick Child Development Centre to educate young children about the vehicles and equipment used for solid waste collection on the UBC Vancouver campus.
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Be a voice for campus safety!
UBC Vancouver Campus Security is taking a look at its services and organizational model to better understand how it can best meet the needs of a rapidly changing community. One important part of this review will be a community engagement…
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Upcoming road closures on UBC Vancouver campus as of March 17, 2023
The following road closures are expected around the UBC Vancouver campus as of March 17, 2023. Thank you for your patience and cooperation.
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Dealing with natural disasters at UBC
Featured in University Affairs (UA), Hailey Maxwell, Manager of Emergency Management & Continuity Planning speaks about some of the programs and activities UBC offers to help students, faculty, and staff prepare for different types of emergencies.
People of the VPFO
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Tracy Pham joins VPFO Communications & Engagement as Manager, Digital & Creative
In her new role, Tracy aims to transform the digital channels of the VPFO and bring forth new enhancements to optimize the user experience. As a multi-skilled marketer, she brings effective technical and communication skills that can help bridge the…
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Growing our capabilities and strengthening the Treasury team
With the transition of Holly’s maternity leave, Treasury has taken this as an opportunity to grow the capabilities and knowledge of the Treasury team, and strengthen the team’s ability to provide value-added service and advice across UBC. Please join us…
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Pera Hardy joins the Facilities Planning team in Infrastructure Development as Senior Facilities Planner
Pera is a registered architect (AIBC) and LEED Green Associate, Canada Green Building Council (CaGBC). Her programming, planning, design and construction experience in K-12 schools and post-secondary projects will be very beneficial to facilities planning work on campus.
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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…
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Oliver Choo joins as Finance Director, Vice President Research and Innovation
In his new role, Oliver will be responsible for providing strategic financial leadership within the 16 units of the VPRI portfolio. In addition to managing the portfolio budget of $58M, Oliver will support key initiatives that have significant impact on…