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 Second Quarter 2021/22 Financial Report is now available
The university’s second quarter 2021/22 financial report is now available on the UBC Finance website. While the university continues to operate under an element of uncertainty related to the pandemic—confidence in the forecast is solidifying, with strong indications from Enrolment Services…
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Delay in ordering UBC Visa cards
Please note that the Credit Card team will hold off on ordering new UBC Visa cards starting from Wednesday, December 15, 2021, until Tuesday, January 4, 2022, due to office closure during the holiday season.
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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…
People of the VPFO
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Tracy Pham joins VPFO Communications & Engagement as Manager, Digital & Creative
In her new role, Tracy aims to transform the digital channels of the VPFO and bring forth new enhancements to optimize the user experience. As a multi-skilled marketer, she brings effective technical and communication skills that can help bridge the…
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Growing our capabilities and strengthening the Treasury team
With the transition of Holly’s maternity leave, Treasury has taken this as an opportunity to grow the capabilities and knowledge of the Treasury team, and strengthen the team’s ability to provide value-added service and advice across UBC. Please join us…
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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…