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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New water meter installation on 16th Avenue in the University Endowment Lands (UEL)
The University Endowment Lands will be installing a new water meter on 16th Avenue as part of regular maintenance and upgrades. UBC Facilities will support this work from December 14-17, 2021 by switching over our campus water feed, once the…
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Supporting UBC Faculty of Dentistry’s simulation and digital dentistry laboratory project
Last year, UBC Dentistry announced plans for a new simulation and digital dentistry laboratory that will allow DMD and DHDP students to learn advancing dental clinical procedures. This June, UBC Supply Management & Infrastructure Development awarded the equipment contract for…
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Grab a sweater and prepare for a cooler campus
With the cooler weather outside, UBC’s heating energy will go up to compensate. During COVID-19, the Facilities team has taken measures to increase and/or enhance building ventilation in UBC buildings to ensure a high standard of safety for students, faculty…
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UBC’s Digital Payment Program to replace ePayment
UBC’s ePayment system, which allows participating UBC departments/merchants to process financial transactions online, is due to be retired alongside the Student Information System (SIS). This transition will impact a broad base of campus merchants who currently use ePayment to collect…
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Thunderbird Boulevard multi-phase road closures: November 29, 2021 to August 2022
As part of the UBC Renewable Energy Hub project, the Hydrogen Refueling Station will begin construction on Thunderbird Boulevard this week. During this project, there will be multi-phase road closures along Thunderbird Boulevard in effect between November 20, 2021 to…
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.