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

  • 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…

    Read more: Preparing for the Big One: UBC research lab to shake, rattle and roll
  • Share your feedback on the proposed business expense rules by Nov. 1

    The UBC Board of Governors recently approved an updated Business Expenses Policy and Procedures, which are expected to become effective in early 2022. All members of the UBC community are invited to review the new business expense rules proposed to…

    Read more: Share your feedback on the proposed business expense rules by Nov. 1
  • Safety Awareness Week: Outdoor Event on Safety & Security

    Meet our Campus Security team and community partners (RCMP, Transit Police, SVPRO, ICBC, Crimestoppers, and VFRS), and learn more about their role on campus vs. community partners, as well as tips on maintaining safety and security on campus. Find them at the…

    Read more: Safety Awareness Week: Outdoor Event on Safety & Security
  • Highlighting the hidden: Integrating operational infrastructure into the community

    Recently, infrastructure design has shifted, with more focus on integration of these operational facilities into the urban fabric of our communities. This article by Stantec features UBC’s new Water Pump Station — built to serve the water needs of the…

    Read more: Highlighting the hidden: Integrating operational infrastructure into the community
  • Infrastructure Development welcomes Asset Replacement & Improvements

    Infrastructure Development is pleased to welcome the Asset Replacement & Improvements (ARI) — Transition Team and Construction Office to Infrastructure Development. This alignment will better integrate our teams to provide robust and timely project delivery, documentation and asset inputs that…

    Read more: Infrastructure Development welcomes Asset Replacement & Improvements

People of the VPFO

  • Get to know the senior leadership team: Yale Loh

    Fostering a culture of purpose driven leadership, get to know Yale Loh, Treasurer and his leadership vision: “I am a leader of a high-performing and accountable team that is driven by shared values and success, open dialogue, transparency, and orientation…

    Read more: Get to know the senior leadership team: Yale Loh
  • 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…

    Read more: Get to know the senior leadership team: Rae Ann Aldridge
  • 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.”

    Read more: Get to know the senior leadership team: Frank Laezza
  • 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!

    Read more: 2023 Facilities Staff Excellence Award winners
  • 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…

    Read more: Gilberto Andrade is promoted to Building Asset Specialist within Facilities’ Building Operations