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

  • Dealing with natural disasters at UBC

    Featured in University Affairs (UA), Hailey Maxwell, Manager of Emergency Management & Continuity Planning speaks about some of the programs and activities UBC offers to help students, faculty, and staff prepare for different types of emergencies.

    Read more: Dealing with natural disasters at UBC
  • Keeping our campus warm

    It’s not easy keeping a campus as large as UBC warm throughout the cooler months. Most buildings on the UBC Vancouver campus are connected to a centralized thermal energy system managed by Energy & Water Services. Kudos to our thermal…

    Read more: Keeping our campus warm
  • VPFO Monday Update – March 13, 2023

    The VPFO Update is a weekly snapshot that captures important university updates, work across VPFO departments, and relevant resources. Sent on March 13, 2023.

    Read more: VPFO Monday Update – March 13, 2023
  • Finance & HR IRP Benefits Realization Management to cease monthly reporting in April 2023

    Since 2020, Integrated Renewal Program’s Benefits Realization Management (IRP BRM) has been providing visibility into UBC’s journey towards achieving the benefits of implementing Workday HR and Finance. Now in its third year and with the current fiscal year coming to…

    Read more: Finance & HR IRP Benefits Realization Management to cease monthly reporting in April 2023
  • Welcome Frank Laezza!

    Today marks the official start of Frank Laezza’s tenure with UBC as our new Vice-President Finance & Operations. As a strong believer in connected leadership, Frank is looking forward to working with the VPFO team of 1400+ people in the…

    Read more: Welcome Frank Laezza!

People of the VPFO

  • Erin Kastner, a sustainability champion for twenty years

    To celebrate the 20th anniversary of the Sustainability Coordinator program, Campus & Community Planning spoke to Erin Kastner, Geospatial Information Manager with Energy & Water Services, on her commitment to sustainability at UBC.

    Read more: Erin Kastner, a sustainability champion for twenty years
  • Philip Beck promoted as new Head in Soft Landscape, Municipal Services with Building Operations

    Philip Beck is the successful candidate for the new Soft Landscape head position that was introduced to support Chris Longford, head of the Soft Landscape team. Chris and Phil will work closely together to manage a growing team of over…

    Read more: Philip Beck promoted as new Head in Soft Landscape, Municipal Services with Building Operations
  • Kayna Merchant joins UBC as Facilities Architectural Manager with Building Operations

    In this new role, Kayna will be working closely with the Architectural Trades Team to gain a fulsome understanding of architectural maintenance considerations to provide a better balance of the diverse needs of multiple stakeholders within UBC.

    Read more: Kayna Merchant joins UBC as Facilities Architectural Manager with Building Operations
  • Holly Shepherd joins UBC as Tax Manager

    Holly is joining the Treasury group as the university’s new Tax Manager, supporting the community with advising for tax-related matters, as well as general oversight of UBC’s tax strategies.

    Read more: Holly Shepherd joins UBC as Tax Manager
  • Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis

    A UBC Alumna, Sarah will partner with departments across the university to assist and monitor the main drivers of revenue and expenses at UBC. She will also develop and evaluate strategic options and alternatives on financial decisions that impact the university,…

    Read more: Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis