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: Meet UBC’s new cogeneration engine
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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Read more: UBC Facilities supports student team in the construction of a unique building
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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Read more: Thank you for your warm welcome from our new VP, Frank Laezza
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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Read more: Update on UBC’s budget for the 2023/24 fiscal year
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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Read more: UBC launches Agency Fund Guidelines (FD950)
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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Read more: Kayna Merchant joins UBC as Facilities Architectural Manager with Building Operations
Kayna Merchant joins UBC as Facilities Architectural Manager with Building Operations
In this new role, Kayna will be working closely with the Architectural Trades Team to gain a fulsome understanding of architectural maintenance considerations to provide a better balance of the diverse needs of multiple stakeholders within UBC.
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Read more: Holly Shepherd joins UBC as Tax Manager
Holly Shepherd joins UBC as Tax Manager
Holly is joining the Treasury group as the university’s new Tax Manager, supporting the community with advising for tax-related matters, as well as general oversight of UBC’s tax strategies.
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Read more: Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis
Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis
A UBC Alumna, Sarah will partner with departments across the university to assist and monitor the main drivers of revenue and expenses at UBC. She will also develop and evaluate strategic options and alternatives on financial decisions that impact the university,…
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Read more: Aaron Mogerman appointed Director, Infrastructure Development in UBC Okanagan
Aaron Mogerman appointed Director, Infrastructure Development in UBC Okanagan
Aaron will head up the new department as the first Director for UBC Okanagan’s Infrastructure Development. He has been an important part of the Infrastructure Development team in Vancouver for a long time and will bring his solid project management…
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Read more: Hoi Ying Yu joins Building Operations as Contract Manager
Hoi Ying Yu joins Building Operations as Contract Manager
Hoi will be responsible for managing Building Operations’ service contracts and oversee internal revenue generating contracts. She will be working closely with the trades, project coordinators, and managers to ensure Building Operations’ Preventative Maintenance and Service contracts continue providing value to…