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

  • 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.

    Read more: Dealing with natural disasters at UBC
  • Keeping our campus warm

    It’s not easy keeping a campus as large as UBC warm throughout the cooler months. Most buildings on the UBC Vancouver campus are connected to a centralized thermal energy system managed by Energy & Water Services. Kudos to our thermal…

    Read more: Keeping our campus warm
  • Finance & HR IRP Benefits Realization Management to cease monthly reporting in April 2023

    Since 2020, Integrated Renewal Program’s Benefits Realization Management (IRP BRM) has been providing visibility into UBC’s journey towards achieving the benefits of implementing Workday HR and Finance. Now in its third year and with the current fiscal year coming to…

    Read more: Finance & HR IRP Benefits Realization Management to cease monthly reporting in April 2023
  • Welcome Frank Laezza!

    Today marks the official start of Frank Laezza’s tenure with UBC as our new Vice-President Finance & Operations. As a strong believer in connected leadership, Frank is looking forward to working with the VPFO team of 1400+ people in the…

    Read more: Welcome Frank Laezza!
  • Daylight Savings time can affect workplace health & safety

    A reminder that Daylight Savings Time is taking place this weekend on Sunday, March 12th where we “spring ahead” and advance our clocks forward by one hour. This means that we will all wake up one hour earlier than normal.…

    Read more: Daylight Savings time can affect workplace health & safety

People of the VPFO

  • 2022 Facilities Staff Excellence Award winners

    The UBC Facilities Staff Excellence Award Program provides recognition and rewards to staff who have demonstrated excellence consistently in the performance of their work and service to the university. This year, Facilities received over 60 nominations. Congratulations to our 2022…

    Read more: 2022 Facilities Staff Excellence Award winners
  • Congratulations to our successful CFE writers for 2022

    Please join UBC Finance in congratulating Wesam Mostadi, Accounts Payable Team Lead in the VP Finance & Operations, and Anas Qartoumeh, Finance Manager in VP Research and Innovation (VPRI) Portfolio in UBC Okanagan on passing their 2022 Common Final Exam…

    Read more: Congratulations to our successful CFE writers for 2022
  • Sam Stephens transitions into permanent role as Director, Campus Security in Safety & Risk Services

    Sam has been a driving force in finding opportunities to build a stronger foundation for our Campus Security teams. His extensive experience in leading projects and teams within Compliance, Security, and Risk Management roles in the public sector will make…

    Read more: Sam Stephens transitions into permanent role as Director, Campus Security in Safety & Risk Services
  • Strengthening Municipal Services’ Asset and Fleet Management Services within Facilities

    In order to enhance their technical expertise in civil engineering, asset stewardship and fleet management, UBC Facilities’ Municipal Services is pleased to welcome two new team members, Fiona Keating, Senior Manager, and Rishi Purohit, Fleet and Asset Manager.

    Read more: Strengthening Municipal Services’ Asset and Fleet Management Services within Facilities
  • Making accountability personal

    Thomas Straley — with 20 years of experience in Accounts Payable — is one of the lucky people who find their dream job early and build an endlessly rewarding career.

    Read more: Making accountability personal