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

  • 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.

    Read more: UBC publishes first Task Force on Climate-Related Financial Disclosures Report
  • 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…

    Read more: Updated COVID-19 Campus Rules
  • 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…

    Read more: UBC Facilities driving operational efficiency and resilience through the MacLeod Building renewal:
  • 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.

    Read more: Welcoming Frank Laezza, our new VP Finance & Operations
  • 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.

    Read more: UBC Parking Alert – Rose Garden Parkade Closure for UBC Graduation

People of the VPFO

  • Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations

    It would be difficult for anyone to argue that Frank Laezza isn’t willing to go the distance for UBC. Fresh off a flight from Perth, Australia, he quite literally came from the opposite side of the planet to take up…

    Read more: Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations
  • Oliver Choo joins as Finance Director, Vice President Research and Innovation

    In his new role, Oliver will be responsible for providing strategic financial leadership within the 16 units of the VPRI portfolio. In addition to managing the portfolio budget of $58M, Oliver will support key initiatives that have significant impact on…

    Read more: Oliver Choo joins as Finance Director, Vice President Research and Innovation
  • Dimitri Kavouras steps into new role as Subhead Controls Electrician in Building Operations

    Passionate about contributing to the UBC community, Dimitri is a current shop steward, previous union delegate, and participant in two apprenticeship committees. He was awarded the Kim Nulty award in 2020 for his contributions and excellence in categories like employee…

    Read more: Dimitri Kavouras steps into new role as Subhead Controls Electrician in Building Operations
  • Building a more innovative campus — one project at a time

    A powerful duo in the VPFO, Aletha Utimati, a PMP-certified Project Manager and Sandy Sull, a Chartered Professional Accountant (CPA) bring completely different expertise but share a vision for an innovative campus, a passion for collaboration, and the ability to…

    Read more: Building a more innovative campus — one project at a time
  • Rosanna Ma steps into new role as Facilities Safety Associate

    Rosanna’s experience in the Research Compliance and Occupational Hygiene team in SRS and consulting industry will be extremely beneficial in her new role. She will be transitioning from the Donald Rix office to join the Facilities Safety team in the…

    Read more: Rosanna Ma steps into new role as Facilities Safety Associate