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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Read more: Clayton Mullen joins Facilities as Senior Manager of Thermal Utilities in Energy & Water Services
Clayton Mullen joins Facilities as Senior Manager of Thermal Utilities in Energy & Water Services
As Senior Manager of Thermal Utilities, Clayton will bring thermal utility managerial and operational experience. He will be leading the Thermal Utilities team to improve practices and processes.
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Read more: UBC Flags lowered for National Day of Mourning

UBC Flags lowered for National Day of Mourning
Flags on both UBC campuses are to be lowered in recognition of the National Day of Mourning, to remember lives lost in the workplace and resolve to prevent future tragedies.
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Read more: UBC Okanagan Skeena Residence becomes the first Passive House-certified student residence in Canada

UBC Okanagan Skeena Residence becomes the first Passive House-certified student residence in Canada
UBC Okanagan Skeena Residence has successfully earned its Passive House Certification, making it the first student residence in Canada and second in North America to receive this certification.
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Read more: Masks required in UBC public indoor spaces until June 30
Masks required in UBC public indoor spaces until June 30
As there are now signs of further Omicron variants and increased case numbers, experts have indicated that BC is about to enter into a sixth wave of the COVID-19 pandemic. In light of these factors, UBC has made the decision…
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Read more: University Boulevard bus loop road detours

University Boulevard bus loop road detours
Due to three projects under construction simultaneously—School of Biomedical Engineering (SBME) Building, Gateway Health Building, and a utility steam tunnel repair, the University bus loop will be closed starting April 19 to May 1, 2022. Please plan your route accordingly.
People of the VPFO
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Read more: Frank Laezza — Get to Know UBC’s new Vice-President Finance & Operations
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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Read more: Oliver Choo joins as Finance Director, Vice President Research and Innovation
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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Read more: Dimitri Kavouras steps into new role as Subhead Controls Electrician in Building Operations
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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Read more: Building a more innovative campus — one project at a time
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…
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Read more: Rosanna Ma steps into new role as Facilities Safety Associate
Rosanna Ma steps into new role as Facilities Safety Associate
Rosanna’s experience in the Research Compliance and Occupational Hygiene team in SRS and consulting industry will be extremely beneficial in her new role. She will be transitioning from the Donald Rix office to join the Facilities Safety team in the…