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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François Desmarais promoted to Senior Facilities Manager in Building Operations
François is the successful candidate to take on this newly created role with all of the Building Operations’ Facilities Managers reporting directly to him. François will continue to be responsible for the Brown Zone and also manage the day to…
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Announcing a new Associate Vice-President role for the VPFO
Following approval from UBC’s Board of Governors,the VPFO will be adding a new Associate Vice-President. Trish Pekeles has agreed to step forward as acting in the new AVP role until the search committee completes their work.
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Bryan Antenor and Marcos Kwong join Financial Operations management team
The Financial Operations team is pleased to welcome Bryan Antenor as the department’s new Customer Support Manager, and Marcos Kwong as the Manager of Procurement Services.
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Get to know: Ryan Huffman, Senior Project Manager with Project Services, Infrastructure Development
Ryan came to UBC because he used to get bored easily. Almost 7 years later, he’s discovered a job that brings him constant innovation, excitement, and the opportunity to bring his unique brand of positivity to his many UBC friends…
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Doug Cheung joins Treasury team in the position of Director, Treasury
Doug will be overseeing cash management together with the strategic long-term modelling and will also be involved in strategic initiatives such as the GBE (Government Business Entity) project with Student Housing and Hospitality Services.