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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Caroline Macleod, Executive Secretary for Energy & Water Services
Caroline brings a wealth of experience to this position, and has been instrumental in supporting the department in transitioning to the new Workday and Planon enterprise systems.
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Enabling our strategic plan with a new structure for the VPFO’s administrative professionals
Effective September 24, I have promoted Sandy Zarka to Manager, VPFO Administration. Please join me in congratulating Sandy on her new role and in supporting her entire team as they prepare to support us through the changes to come.
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Join UBC’s virtual ShakeOut drill on October 15th
We’re all spending more time at home at the moment, which makes it all the more important to prepare your home for the unexpected. Join UBC’s virtual ShakeOut drill on October 15th to get ready!
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A beautiful plaque for Professor Santa J. Ono’s reappointment
In celebration of Professor Santa J. Ono’s reappointment as President and Vice-Chancellor of UBC, the Facilities team created a beautiful plaque and presented it to President Ono.
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Enrolment remains strong at UBC
Student enrolment numbers remain strong this fall at UBC Vancouver and UBC Okanagan—a sign of the university’s stellar academic reputation. Students are keenly interested in achieving their educational ambitions at UBC, despite challenges posed by COVID-19.
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.