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’s budget for 2021/22 set to bolster EDI, expand student supports, and further the university’s impact
The UBC Board of Governors has approved the budget for 2021/22, setting spending priorities for the year ahead. In addition to the ongoing recovery from COVID-19, UBC is committed to investing in our students, furthering our academic mandate, and promoting…
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UBC Water Supply Centre now running campus water supply
The aging water pump station located in the Power House is now disconnected from the University Boulevard transmission main, and the new UBC Water Supply Centre is fully running the campus water distribution.
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New team members join the VPFO Operational Excellence team
As part of an effort to improve efficiencies and cost-savings while achieving service excellence within the VPFO, some team members of the Business Services team in Customer Services & Informatics (CSI) in Facilities will be transitioning to the newly formed…
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Enjoy the cherry blossoms on UBC Vancouver campus
In collaboration with UTown@UBC, Building Operations created and installed seasonal photo frames for the campus community to enjoy the short blossom season.
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Free menstrual products on campus
Custodial Services has been working with Free Periods Canada, a grassroots organization founded by UBC students, to promote intersectional menstrual equity by ensuring all menstruators have access to the products and information they need.
People of the VPFO
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Esther Li promoted to Senior Financial Processing Specialist in Treasury
Reporting to Chen Shi, Treasury Accounting Manager, Esther will continue to be responsible for the incoming payments while playing a critical role in more complicated bank reconciliations and other banking side responsibilities.
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Creating inclusive spaces beyond the public realm
Jen Sheel takes pride in what her team does… and it shows. When you meet Jen, one of the first things you see is her dedication to making UBC a place that invites and builds connections. She fiercely believes that…
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Josephine Shen joins the Financial Planning and Analysis (FP&A) team as a Financial Analyst
In her new role, Josephine will play a key role in developing the Strategic Initiatives’ multi-year forecasting model and maintaining various financial models (i.e. Contingency and PAEI) at UBC.
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Celebrating UBC VPFO’s long-serving member inductees in 2022
The VPFO team has a number of long service member inductees this year. This is an amazing personal accomplishment for the individuals and a true testament to their devotion to service at UBC.
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Holly Shepherd promoted to Director, Treasury
Holly Shepherd has been promoted to Director, Treasury with overall responsibility for overseeing tax, contracts, leases & licences, housing loans, payment card industry compliance, service levy and Treasury Accounting.