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

  • University Boulevard bus loop road detours

    Due to three projects under construction simultaneously—School of Biomedical Engineering (SBME) Building, Gateway Health Building, and a utility steam tunnel repair, the University bus loop will be closed starting April 19 to May 1, 2022. Please plan your route accordingly.

    Read more: University Boulevard bus loop road detours
  • Watermain repair on 16th Avenue in the University Endowment Lands (UEL)

    The University Endowment Lands will be completing an emergency repair on an incoming watermain on 16th Avenue. UBC Facilities will support this work from April 20th – 22nd, 2022 by switching over our campus water feed, once the repair commences.

    Read more: Watermain repair on 16th Avenue in the University Endowment Lands (UEL)
  • Partial closure of Engineering Road until June 15

    Engineering Road on UBC Vancouver campus will be partially closed from April 19 to June 15 due to repairs to the bridge connecting the Macleod Building and the Brimacombe Building.

    Read more: Partial closure of Engineering Road until June 15
  • Thank you

    As many of you now know by way of yesterday’s broadcast email from President Ono, I am leaving UBC at the end of May to take on the role of VP Administration at Kwantlen Polytechnic University. I want to share…

    Read more: Thank you
  • Agronomy Road closure between Wesbrook Mall to Health Sciences Mall

    Crane activity is scheduled on April 7, 2022, as part of the boiler replacement project for the existing low-pressure steam system serving the Life Sciences Centre and Pharmaceutical Sciences Building’s humidification load. During this work, Agronomy Road between Wesbrook Mall…

    Read more: Agronomy Road closure between Wesbrook Mall to Health Sciences Mall

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