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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Upcoming webinar on Workday Adaptive Planning
To help our community prepare for this transition, we invite you to attend the upcoming webinar, Adaptive Planning Product Overview on December 1, 2022, from 2:00 pm–3:00 pm.
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Grab a sweater and prepare for a cooler campus
The temperatures have dropped and winter conditions are coming to our campus. A reminder to bundle up and dress appropriately to stay warm and safe from the winter elements.
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Custodial Services realignment
Effective November 7, UBC Facilities is implementing the new simplified Custodial Services staffing model to provide all staff with full-time opportunities and facilitate professional development and increased opportunities for improvement. Due to the new staffing model, the Building Service Worker…
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Review the 2022 Financial Information Act Report
The 2022 Financial Information Act Report is now available on the UBC Finance website. The annual report includes payments to suppliers in excess of $25,000, employee salaries above $75,000, remuneration for our Board of Governors, and details of outstanding debt.
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Working together to ensure proper and timely payments to payees
Fair and timely processing of payments to payees, including vendors and suppliers, is a priority of the Accounts Payable (AP) team in UBC Finance. This guide includes some steps UBC staff and payees can take to ensure accurate and timely…
People of the VPFO
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Get to know the senior leadership team: Rae Ann Aldridge
Fostering a culture of purpose driven leadership, get to know Rae Ann Aldridge, Executive Director, Safety & Risk Services and her leadership vision: “I am a highly collaborative leader who works with her teams to inspire, influence and innovate towards…
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Get to know the senior leadership team: Frank Laezza
Fostering a culture of purpose driven leadership, get to know Frank Laezza, VP Finance & Operations and his leadership vision: “I am committed, through my mentorship, collaboration and open communication, to fostering a culture of purpose-driven leadership within the VPFO.”
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2023 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. Congratulations to our 2023 Staff Excellence Award recipients!
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Gilberto Andrade is promoted to Building Asset Specialist within Facilities’ Building Operations
Gilberto Andrade is promoted to Building Asset Specialist and will be joining Building Operations within Facilities starting January 29, 2024. His expertise and data-driven decision-making will enhance asset management procedures, creating efficient and sustainable spaces for research, teaching, and learning…
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Siret Ulp joins Finance & Integrated Services as Procurement Programs Advisor
Siret Ulp joins Finance & Integrated Services as the new Procurement Programs Advisor on November 8th. She will play a vital role in implementing UBC’s approach for Indigenous procurement, Inclusive procurement, Environmentally Sustainable procurement and other strategic procurement projects.