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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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.
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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.
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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…
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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.
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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…
People of the VPFO
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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…
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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…