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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UBC Capital Assets Accounting Principles available
The UBC Capital Assets Accounting Principles document is now available on the UBC Finance website. These guidelines help to establish the accounting treatment for the purchase, maintenance, and disposal of tangible capital assets at UBC.
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Stuart Gilbert joins Energy & Water Services as the Assistant Civil Engineer in Engineering & Utilities
Stuart will be responsible for developing and managing programs to achieve the implementation of infrastructure and services plans, reporting to Doug Doyle, Senior Manager, and work closely with the Mechanical Utilities unit.
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Protect yourself from the flu
UBC Vancouver is once again offering free flu immunization clinics to students, faculty and staff. Even healthy people can get very sick from the flu and spread it to others. Getting the flu shot is your best protection.
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Wherever you are, “Drop, Cover, & Hold On!”
Join us in the annual province-wide earthquake drill, Great BC ShakeOut at 10:21 a.m. on October 21, 2021, and learn more about the risks in our community and what UBC is doing to plan ahead. If you are registered for…
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Preparing for the Big One: UBC research lab to shake, rattle and roll
UBC’s Earthquake Engineering Research Facility (EERF) will shake, rattle and roll for the public this International ShakeOut Day. EERF will open its doors to the public from 11 a.m. to 1 p.m. on Thursday, October 21, after the shakeout drill…
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.