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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UBC publishes first Task Force on Climate-Related Financial Disclosures Report
UBC endorses the adoption of Task Force on Climate-Related Financial Disclosures (TCFD) recommendations and is committed to producing annual TCFD disclosures alongside supporting TCFD’s global mission of market transparency.
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Updated COVID-19 Campus Rules
UBC has updated the COVID-19 Campus Rules to reflect the recent Provincial Health Orders. There are currently no province-wide restrictions at this time. All students, faculty, staff, and others must check themselves for COVID-19 symptoms prior to engaging in in-person…
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UBC Facilities driving operational efficiency and resilience through the MacLeod Building renewal:
“This was an incredible opportunity for our teams to come together and transform a historical building into a more efficient and sustainable facility that aligns with our university’s strategic goals,” notes Noel McNally, Project Manager in Project Services within UBC…
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Welcoming Frank Laezza, our new VP Finance & Operations
We are pleased to share the appointment of Frank Laezza as UBC’s new Vice-President, Finance and Operations. Mr. Laezza will be starting in his new role here in the VPFO early in the spring of 2023.
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UBC Parking Alert – Rose Garden Parkade Closure for UBC Graduation
A reminder to all permit holders that UBC Parking permits will not be valid at Rose Garden parkade on UBC Graduation dates (weekdays from November 15 to 25) from 6:00 am to 5:00 pm.
People of the VPFO
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Nikki Reiter and Betty Han join the VPFO Project Management Office as Continuous Improvement Program Manager
Nikki joins the VPFO Project Management Office from the Integrated Renewal Program (IRP) – Student, where she served as Acting Associate Director, Transformation & Change Management leading a team of change management specialists to support UBC’s transition to Workday Student.…
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Alan Ehrenholz joins Facilities’ Municipal Services as Municipal Engineer
Alan will help enhance our technical expertise in civil engineering and asset stewardship. Alan’s passion and contribution towards community-oriented initiatives will help strengthen our equity, diversity and inclusion work while balancing the operational and maintenance needs for a resilient campus…
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Steven Lee is promoted to Learning Spaces team’s Senior Learning Space Planner within Facilities’ Infrastructure Development
Steven will be leading the Learning Spaces team within Facilities Planning and working closely with partners in AV IT and Scheduling Services to ensure the smooth operation and future planning for UBC General Teaching Space (GTS). Steven will be transitioning…
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Alicia Chan joins Capital Financial Reporting as Senior Financial Analyst in UBC Comptroller
Alicia brings diverse experience in financial reporting, long term capital planning and forecasting, interpreting complex financial data and effectively communicating to stakeholders. In her new role, Alicia will focus on the accurate reporting of our capital project funding and Deferred…
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Cathy Myles joins Safety & Risk Services’ Insurance & Loss Prevention team
Cathy is joining Safety & Risk Services on a full-time, contract basis to help lead the team through a current & future state analysis and transfer of risk including insurance risk management operations and programs.