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
-
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…
-
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…
-
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.
-
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.
-
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
-
Sandy Liu joins the Comptoller team as Manager, Financial Planning & Analysis Operational Excellence
Sandy will be working closely with the Budgeting & Reporting team in support of continuous improvement within Financial Reporting and Financial Planning & Analysis.
-
Stephen Li joins Facilites, Building Operations as Mechanical Engineer
Stephen is a Professional Mechanical Engineer and LEED Green Associate with over ten years’ experience in Metro Vancouver’s building consulting industry.
-
Raffaela Mendel joins Treasury Team as a Senior Treasury Analyst
Raffaela will support the building and refinement of the long-term corporate financial model, along with providing analytical support for other strategic initiatives across campus.
-
Rae Ann Aldridge appointed as Executive Director, Safety & Risk Services
In her new role, Rae Ann will be charged with working across campus to enhance UBC’s safety and security. She will be responsible for leading Safety & Risk Services, a new department which is the result of a merger between…
-
Living and Breathing Service: Recognizing the People of the VPFO
VPFO strategic plan asks us to inspire great people. There’s nothing more inspiring than our Presidential Award-winning co-workers and how their dedication and service makes a daily difference at UBC.