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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Meet UBC’s new cogeneration engine
UBC’s replacement cogeneration engine, the Jenbacher J-612 arrived in its new home inside the Bioenergy Research Demonstration Facility (BRDF) engine room on April 6, 2023, and is being commissioned for operation in May 2023.
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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’…
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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…
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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.
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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).
People of the VPFO
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Mandy Li is now Manager, Financial Reporting in the office of the Comptroller
Mandy Li has accepted the permanent role of Manager, Financial Reporting, on the Financial Reporting Team in the office of the Comptroller after serving as interim for the past six months. Read more in the Finance Portal [CWL required].
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Congratulations to Nazreen Cameron, recipient of the 2025 President’s Service Award for Excellence
The President’s Service Awards for Excellence are presented to up to five outstanding staff members who have made outstanding contributions to UBC, and who excel in their personal achievements. Congratulations to Nazreen Cameron, Building Service Worker from Custodial Services in…
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Anita McGuinness joins Treasury as Senior Financial Analyst, Contracts, Leases & Housing
Welcome Anita McGuinness as the new Senior Financial Analyst, Contracts, Leases & Housing. In her role, she will be responsible for Housing Loans, Services Levy, and rental agreements. Read more in the Finance Portal [CWL required].
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Lindsay Wyant promoted to Director, Financial Reporting
We are pleased to announce that Lindsay Wyant has officially been selected as Director, Financial Reporting. Please join us in congratulating Lindsay on her well-deserved promotion! Read more in the Finance Portal [CWL required].
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Michael LaPierre joins the Comptroller division as Senior Director of Budget and Financial Planning & Analysis
Michael brings over 20 years of experience in driving financial excellence and leading strategic business transformation. Read more in the Finance Portal [CWL required].