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

  • Paving Works on Southwest Marine and 16th Avenue from May 10–13

    Please note that paving works will be conducted on SW Marine and 16th Avenue from May 10–13. A reminder to obey signs and traffic control personnel and watch for roadside workers.

    Read more: Paving Works on Southwest Marine and 16th Avenue from May 10–13
  • Facilities teams maintaining an ideal exam experience for UBC students

    Last semester, the Custodial Services team and Municipal Services’ Streets & Operations Support (SOS) team within Facilities once again demonstrated excellent teamwork and dedication in setting up the Osborne Gym and Student Recreation Centre for exam season.

    Read more: Facilities teams maintaining an ideal exam experience for UBC students
  • University Boulevard closure extended to May 15

    The closure of the University Boulevard (UBlvd) bus loop has been extended from May 1, 2022, to May 15, 2022 (exact date to be determined). The bus loop is closed due to three projects under construction simultaneously — School of…

    Read more: University Boulevard closure extended to May 15
  • Updated Electronic Fund Transfer (EFT) Request Form for Canadian Suppliers

    When we are paying suppliers on a regular basis, EFT is the preferred mode of payment for both the supplier and the university. The updated Electronic Fund Transfer (EFT) request form for Canadian suppliers is now available.

    Read more: Updated Electronic Fund Transfer (EFT) Request Form for Canadian Suppliers
  • Metro Vancouver’s Watering Restrictions come into effect on May 1, 2022

    Stage one of Metro Vancouver’s Lawn Watering Regulations will be in effect from May 1, 2022 to October 15, 2022, as outlined in Metro Vancouver’s Drinking Water Conservation Plan. This year, both residential and non-residential watering is only allowed once a…

    Read more: Metro Vancouver’s Watering Restrictions come into effect on May 1, 2022

People of the VPFO

  • Get to know the senior leadership team: Yale Loh

    Fostering a culture of purpose driven leadership, get to know Yale Loh, Treasurer and his leadership vision: “I am a leader of a high-performing and accountable team that is driven by shared values and success, open dialogue, transparency, and orientation…

    Read more: Get to know the senior leadership team: Yale Loh
  • 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