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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Holly Shepherd joins UBC as Tax Manager
Holly is joining the Treasury group as the university’s new Tax Manager, supporting the community with advising for tax-related matters, as well as general oversight of UBC’s tax strategies.
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Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis
A UBC Alumna, Sarah will partner with departments across the university to assist and monitor the main drivers of revenue and expenses at UBC. She will also develop and evaluate strategic options and alternatives on financial decisions that impact the university,…
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UBC Outlines Budget for 2020/21
The Board of Governors has approved UBC’s budget for the 2020/21 fiscal year, outlining spending priorities and considering the potential impact of COVID-19.
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2019/2020 Consolidated Financial Statements Now Available
Our consolidated financial statements reflect the assets, liabilities, revenues and expenses of UBC. They are prepared according to accounting standards, audited by our external auditors and reported to the Province.
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UBC Continues Commitment to Mitigating Climate Change, Signs Principles for Responsible Investment
The university is pleased to share that UBC Investment Management Trust (IMANT) has signed the internationally-developed Principles for Responsible Investment on behalf of UBC and the UBC Staff Pension Plan.
People of the VPFO
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Adam Rosenthal promoted as the Head in Stores with Building Operations
Adam has been an acting Head on many occasions in Stores, and has demonstrated he has the qualities required to be successful in this new role. As a Sub-head, Adam has developed strong relationships, and provided leadership and technical oversight…
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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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Jay Hiscox appointed Director, Project Services with Infrastructure Development
Jay has been part of the Infrastructure Development family since joining UBC in November 2016. He joined Project Services as Senior Project Manager, and was later promoted to Senior Manager and then Associate Director.
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Erin Kastner, a sustainability champion for twenty years
To celebrate the 20th anniversary of the Sustainability Coordinator program, Campus & Community Planning spoke to Erin Kastner, Geospatial Information Manager with Energy & Water Services, on her commitment to sustainability at UBC.
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Philip Beck promoted as new Head in Soft Landscape, Municipal Services with Building Operations
Philip Beck is the successful candidate for the new Soft Landscape head position that was introduced to support Chris Longford, head of the Soft Landscape team. Chris and Phil will work closely together to manage a growing team of over…