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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T2200 Declaration of Conditions of Employment
UBC employees participating in the formal Hybrid Work Program may be eligible to claim home office expenses on their 2024 taxes under CRA’s updated guidelines. For more information, please visit the UBC Finance Portal.
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UBC joins national CASPAR initiative for sustainable procurement
UBC is part of a new Canadian inter-university working group on sustainable procurement. The group is a collaborative forum with materials, training, and other knowledge-sharing opportunities for procurement practitioners at CAUBO member institutions.
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Scarfe Office Block is undergoing electrical renovation starting in May 2025
The electrical distribution system for the Neville Scarfe Complex is reaching the end of its lifespan and lacks the capacity to meet occupants’ future electrical needs. Construction on the Scarfe Complex Electrical Renovation is anticipated to begin in May 2025…
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What’s going on with the water? Pressure testing Jan. 27–Feb. 7
Water supply will remain available during testing, although some buildings may experience mild discolouration in their water or minor water pressure variances. The water remains safe for use and consumption.
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UBC has successfully transitioned all our bank accounts to RBC
As of January 24, 2025, UBC has successfully transitioned all our bank accounts to RBC, and all HSBC Canada accounts have been closed. The final phase (Phase 3) of the HSBC/RBC transition will focus on stabilizing and monitoring our accounts…
People of the VPFO
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Rebecca Way joins UBCO Financial Operations as Procurement Manager
In her new role, Rebecca will be responsible for leading the local procurement team in the delivery of procurement services to the Okanagan campus, as well as actively engaging the campus community to increase understanding of procurement policies and workflows,…
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Lori Takenaka promoted to Safety Advisor, Facilities in Safety & Risk Services
In her new role as Safety Advisor, Facilities, Lori will lead a team of health and safety specialists and will continue to support UBC Facilities in the development and implementation of their health and safety programs.
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Teela Narsih promoted to Advisor, Safety Program Management & Systems in Safety & Risk Services
Teela began her career at UBC in 2015 where she has been an Occupational and Research Safety Associate with a focus on the development and implementation of the university’s safety program. Over the last 6 years, she has been instrumental…
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David Rowswell joins Facilities Information and Inventory Systems as Programmer Analyst in Infrastructure Development
David has worked in multiple roles at UBC. He is joining us on secondment from ITSC (Service Center) where he worked as part of our IT support team. After graduating from UBC with a Bachelor’s degree in Computer Science in…
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Florante Navarro promoted to Sub-Head, Stores in Municipals Services
Florante brings a wealth of knowledge and experience that will help him transition into his new role as a Sub-Head and contribute to the team in a leadership capacity. He has worked with the Stores team for the past 3…