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 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.
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Safe reoccupancy for your building & spaces
With the gradual and phased reoccupancy of the university, we want to remind faculty and staff that the Facilities Group will require a minimum of five business days notice before a building is ready for reoccupancy. Our custodial and trades…
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Elana Mignosa Appointed Associate Vice-President, Finance & Operational Excellence
In this new role Elana will co-lead the financial management of the university together with the Comptroller and the Treasurer to advance UBC’s financial services and continuous improvement initiatives.
People of the VPFO
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Sam Stephens joins Safety & Risk Services as the new Director, Special Projects
Sam has a diverse background, with extensive experience leading projects and teams within Compliance, Security and Risk Management roles for organizations in the public sector.
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Srinath Srinivasan joins Safety & Risk Services as Lead Advisor, Information Security Compliance in PrISM
Srinath is a Cybersecurity professional with over a decade of experience in a diverse range of industries and sectors, including transportation, health, finance, and technology in both private and public sector organizations.
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Clayton Mullen joins Facilities as Senior Manager of Thermal Utilities in Energy & Water Services
As Senior Manager of Thermal Utilities, Clayton will bring thermal utility managerial and operational experience. He will be leading the Thermal Utilities team to improve practices and processes.
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Jonathan Weinberg promoted to Project Coordinator in Infrastructure Development, Facilities
Jonathan joined UBC in September 2019 working as a project carpenter in Building Operations. He participated in continuing education by volunteering for the Expression of Interest Program (EOI) program back in 2020, and since then has supported the crew as…
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Leadership change within the Vice-President, Finance and Operations portfolio
Peter Smailes, Vice-President, Finance and Operations, is leaving UBC to take up a new opportunity at Kwantlen Polytechnic University as their Vice-President, Administration.