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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Hyperion 2.0 is now live
The new instance of Hyperion — the planning system UBC uses to produce Quarterly Operating Reports and the Future Year Budget — is now live in read only mode, with data to the end of September.
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Hebb Building receives LEED Gold Certification
Completed earlier this year, Hebb Building Renewal receives LEED Gold Certification from Canada Green Building Council.
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Our first step towards transformational change in the VPFO
We’re working to build a holistic view of our portfolio to better understand how our individual team strengths can be used across the portfolio, while finding efficiencies and savings.
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Iconic Vancouver landmark to be torn down and rebuilt to make it seismically safe
CTV news anchor Nafeesa Karim report on the Museum of Anthropology Great Hall Renewal project. She interviews Jennifer Sanguinetti, managing director of Infrastructure Development and Nick Milkovich, principal architect on the upgrades.
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External review of Campus Security — take the survey by Nov 22
As part of UBC’s commitment to address systemic bias and build a more inclusive university, we are embarking on an independent external review of Campus Security.
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.