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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Creating inclusive spaces beyond the public realm
Jen Sheel takes pride in what her team does… and it shows. When you meet Jen, one of the first things you see is her dedication to making UBC a place that invites and builds connections. She fiercely believes that…
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Facilities Service Centre extends operating hours as of November 1
With two recent additions to the Customer Services and Informatics team, the Service Centre will be extending its hours to 7:30 am – 5:30 pm, Monday to Friday, as of November 1, 2022.
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Thunderbird Boulevard closure for the Transportation Test Bed Project
The eastbound and westbound lanes between the Thunderbird Parkade access and Health Sciences Mall/East Mall will be closed until November 3 noon. The westbound lane of Thunderbird Boulevard will remain closed until December.
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Working and planning together to ensure long-term reliability of electrical power supply
UBC Facilities and Safety & Risk Service recognizes the value of your work and the impact a disruption in electrical power supply can have on your research. By working and planning together, we can greatly reduce risk to infrastructure, equipment,…
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UBC Investment Management releases 2022 Annual Report
The Board of Directors and Management of UBC Investment Management is pleased to release the company’s 2021-22 Annual Report for the fiscal year ending March 31, 2022. Read the report on the UBC Investment Management website.
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.