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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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.
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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.
People of the VPFO
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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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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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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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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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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…