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.

Learn about the VPFO Strategic Plan

News from the VPFO

  • Making accountability personal

    Thomas Straley — with 20 years of experience in Accounts Payable — is one of the lucky people who find their dream job early and build an endlessly rewarding career.

    Read more: Making accountability personal

  • 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.

    Read more: UBC publishes first Task Force on Climate-Related Financial Disclosures Report

  • 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…

    Read more: Updated COVID-19 Campus Rules

  • 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…

    Read more: UBC Facilities driving operational efficiency and resilience through the MacLeod Building renewal:

  • 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.

    Read more: Welcoming Frank Laezza, our new VP Finance & Operations

People of the VPFO