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

  • Faculty and staff housing targeting Passive House certification opens at UBC

    Evolve is a new 110-unit faculty and staff rental building in UBC’s Wesbrook Place neighbourhood. Passive House-certified buildings consume up to 90 per cent less heating and cooling energy than conventional buildings.

    Read more: Faculty and staff housing targeting Passive House certification opens at UBC
  • Closure of East Mall at Hospital Lane from August 24–31

    East Mall between Hospital Lane and Biological Sciences Road will be closed due to District Energy System repair work from Wednesday, August 24 to Wednesday, August 31. During this time, any access for deliveries or service vehicles will be accommodated via…

    Read more: Closure of East Mall at Hospital Lane from August 24–31
  • Upcoming road closures

    Wesbrook Mall upgrades is nearing completion, however, Wesbrook Mall will remain closed from Walter Gage Road to Chancellor Boulevard until September 5. Thunderbird Boulevard will be impacted for the duration of the UBC Hydrogen Hub / Transportation Test Bed project.…

    Read more: Upcoming road closures
  • Heat warning this week for Metro Vancouver: Aug 17 & 18

    A heat warning has been issued this week for Metro Vancouver — make plans for you and your loved ones to stay cool during the day. Daytime high temperatures of 29 to 35 degrees Celsius inland and near 27 degrees…

    Read more: Heat warning this week for Metro Vancouver: Aug 17 & 18
  • UBC’s Five-Year Capital Plan

    Information on UBC’s Five-Year Capital Plan 2023-24 to 2027-28 has been updated. UBC maintains a comprehensive plan for the development and renewal of institutional infrastructure to meet evolving academic needs as well as the needs of our growing campus communities.

    Read more: UBC’s Five-Year Capital Plan

People of the VPFO

  • 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…

    Read more: Get to know the senior leadership team: Rae Ann Aldridge
  • 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.”

    Read more: Get to know the senior leadership team: Frank Laezza
  • 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!

    Read more: 2023 Facilities Staff Excellence Award winners
  • 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…

    Read more: Gilberto Andrade is promoted to Building Asset Specialist within Facilities’ Building Operations
  • 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.

    Read more: Siret Ulp joins Finance & Integrated Services as Procurement Programs Advisor