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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Welcoming Maggie Ivanova as UBC’s New Chief Enterprise Risk & Assurance Officer
Maggie Ivanova will begin her role as UBC’s new Chief Enterprise Risk and Assurance Officer on April 7. She will provide strategic leadership to the university’s Internal Assurance and Enterprise Risk Management functions and will report jointly to the Vice-President,…
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Are you and your team up to date on your mandatory training?
To help keep UBC one of the safest and most welcoming places in Canada, the university has released several new mandatory courses through the Workplace Learning (WPL) platform. Every March and October, staff who are not up to date on…
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Strengthening UBC’s long-term financial planning
The VPFO is strengthening its long-term financial planning capabilities by forming a new Long-Term Financial Modelling & Planning team, which will report to Treasurer, Yale Loh. Aligned with VPFO Strategic Goal 1.1, this team will enhance UBC’s existing long-term financial…
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Get ready for our 8th annual Pink Shirt Day celebration
The VPFO Equity, Diversity, and Inclusion (EDI) Committee presents Pink Shirt Day on Wednesday, February 26, 2025. This year’s theme is “Let Kindness Grow”. How can we cultivate a community of kindness, support, and understanding?
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Protecting you and UBC through smarter expense management
Do you make purchases on behalf of the university? The UBC Visa Corporate Card enables you to make university-related purchases directly and is integrated into the Workday Expense module to allow simpler reconciliation, so you never lose track of an…
People of the VPFO
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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…
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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.