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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Read more: UBC’s report on fighting against forced labour and child labour in Supply Chains now available
UBC’s report on fighting against forced labour and child labour in Supply Chains now available
This report outlines the initiatives that were undertaken during the previous fiscal year, to help identify and assess risks associated with forced labour and child labour within our own supply chains, as well as forthcoming actions. Read the full report…
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Read more: Buchanan Block C Elevator Modernization begins June 23
Buchanan Block C Elevator Modernization begins June 23
The project is estimated to be complete by the end of August 2025. There will be no access to this elevator for the duration of construction. Please use the stairs on the north or south end of Buchanan Block C…
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Read more: The HSBC to RBC transition project has now officially concluded
The HSBC to RBC transition project has now officially concluded
Thank you to everyone who contributed to this important transition — especially our partners and business users — for your collaboration, patience, and adaptability throughout the process. With these changes now in place, all UBC HSBC Canada bank accounts have…
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Read more: Manage risk and overcome challenges with support from Enterprise Risk & Assurance
Manage risk and overcome challenges with support from Enterprise Risk & Assurance
May is International Internal Audit Awareness Month! At UBC, the ERA team provides independent, risk-based and objective audit and advisory services. Whether you’re launching a new project, looking to improve a critical process, or implementing a change, ERA can help…
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Read more: Moody’s affirms UBC’s Aa1 rating and S&P lowers its rating to A+ due to provincial credit link
Moody’s affirms UBC’s Aa1 rating and S&P lowers its rating to A+ due to provincial credit link
UBC maintains credit ratings with two different rating agencies, Moody’s Investors Service (commonly referred to as “Moody’s”) and S&P Global Ratings (“S&P”). Each year Moody’s and S&P meet separately with UBC to assess the factors influencing the university’s credit rating.
People of the VPFO
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Read more: Joanna Huang steps into Finance Manager role supporting the VPHR and VPFO Admin portfolios
Joanna Huang steps into Finance Manager role supporting the VPHR and VPFO Admin portfolios
Since stepping into the Acting role in June 2022, Joanna has played an instrumental in supporting her client areas through a busy quarter-end and the start of the FY23 budget process.
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Read more: Frank Laezza appointed Vice-President, Finance and Operations
Frank Laezza appointed Vice-President, Finance and Operations
Mr. Laezza will join us from Murdoch University, Australia, where he is Chief Financial Officer with responsibility for leading the university’s business and finance functions, as well as for the management of its financial and capital resources. Mr. Laezza will…
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Read more: Gardenia Honório transitions into new role as Business Operations Manager within Facilities’ Customer Services and Informatics
Gardenia Honório transitions into new role as Business Operations Manager within Facilities’ Customer Services and Informatics
Gardenia will lead the Facilities Service Centre and Clerical teams and the Staff Records team, support training and other important Facilities initiatives including onboarding, safety training scheduling, IT device management, etc.
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Read more: Pam Corrigal joins the Capital Financial Management & Reporting (CFMR) team as a Financial Analyst
Pam Corrigal joins the Capital Financial Management & Reporting (CFMR) team as a Financial Analyst
Pam will play a key role in developing and implementing new policies and processes within Capital Reporting to enable effective financial management, providing detailed analysis for major and minor capital projects, and assisting with capital budgeting and reporting.
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Read more: Michael Guimond providing part-time support to the UBC Comptroller team
Michael Guimond providing part-time support to the UBC Comptroller team
In his interim role, Michael will support some of the key work to help ensure we have a successful year, including projects such as the development of the Fiscal 2023/24 Budget, quarterly forecasting activities, participation in stakeholder engagement and working…