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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Protecting yourself from wildfire smoke
Lower Mainland continues to see poor air quality values as a result of the thick wildfire smoke in BC. Find resources about air quality health and safety awareness and the best ways to protect yourself.
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Generator load bank testing schedule
The regulatory Annual Load Bank Emergency Generator tests will take place in buildings across campus starting on September 12, 2022, until November 1, 2022.
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Thank you from Vice-President, Finance, Karamjeet Heer
A short while ago, the President’s Office sent a Bulletin to the university announcing some changes in the VPFO’s senior leadership team. I have accepted a new position with Simon Fraser University (SFU) as their Associate Vice-President, Finance and my…
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Leadership change within the Vice-President, Finance and Operations, portfolio
Karamjeet Heer will be leaving UBC to take up a new role at Simon Fraser University. She joined the university in 2019 as Comptroller and was more recently appointed as interim Vice-President, Finance. As of Nov. 1, Yale Loh will…
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Work continues on the UBC Hydrogen Fueling Station
On August 18, UBC Facilities began the assembly of the Hydrogen Fueling Station’s canopy, which will provide weather protection for the hydrogen dispenser users during fueling and visitors who are interested in learning more about the project at the plaza.…
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.