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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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…
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Heat recovery steam generator (HRSG) line near the Bioenergy Facility back in commission
Last week, Energy & Water Services (EWS) steamfitters completed another repair on the District Energy System (DES) network off the Bioenergy Research Facilities (Bioenergy Facility). This repair was needed as this particular heat recovery steam generator (HRSG) line has been…
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Supply chain impacted due to the state of emergency in BC
UBC is working with key internal and external parties to ensure that critical supplies continue to be available to support the campus community. We appreciate your patience as we work through this period of disruption.
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Avoid slips, trips, and falls this winter with some simple tips
Winter is almost here, and with it comes cold weather and a greater risk of slips, trips or falls. Practice safe winter walking to help you stay on your feet this winter, available on the Safety & Risk Services website.
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Major milestone in the Bioenergy Research Demonstration Facility expansion project
The Bioenergy Research Demonstration Facility (BRDF) is burning biomass once again! The Energy & Water Services Thermal Operations Team re-lit the biomass gasification system on November 10, 2021, and the BRDF is now producing renewable thermal energy for the Academic…
People of the VPFO
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Pera Hardy joins the Facilities Planning team in Infrastructure Development as Senior Facilities Planner
Pera is a registered architect (AIBC) and LEED Green Associate, Canada Green Building Council (CaGBC). Her programming, planning, design and construction experience in K-12 schools and post-secondary projects will be very beneficial to facilities planning work on campus.
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Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations
It would be difficult for anyone to argue that Frank Laezza isn’t willing to go the distance for UBC. Fresh off a flight from Perth, Australia, he quite literally came from the opposite side of the planet to take up…
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Oliver Choo joins as Finance Director, Vice President Research and Innovation
In his new role, Oliver will be responsible for providing strategic financial leadership within the 16 units of the VPRI portfolio. In addition to managing the portfolio budget of $58M, Oliver will support key initiatives that have significant impact on…
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Dimitri Kavouras steps into new role as Subhead Controls Electrician in Building Operations
Passionate about contributing to the UBC community, Dimitri is a current shop steward, previous union delegate, and participant in two apprenticeship committees. He was awarded the Kim Nulty award in 2020 for his contributions and excellence in categories like employee…
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Building a more innovative campus — one project at a time
A powerful duo in the VPFO, Aletha Utimati, a PMP-certified Project Manager and Sandy Sull, a Chartered Professional Accountant (CPA) bring completely different expertise but share a vision for an innovative campus, a passion for collaboration, and the ability to…