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
-
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.
-
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.
-
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.
-
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…
-
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
-
Jason Wright promoted as Senior Manager, Mechanical in Building Operations
Jason held the leadership role of People & Process Manager with UBC Building Operations, leading our Mechanical Maintenance team since September 2018.
-
David Kosub, Project Coordinator: 22 years at UBC before riding into retirement
David started his career at UBC 22 years ago as a cabinet maker. Since then, he has worked with many teams at over 100 buildings across campus. As he embarks on the next chapter of his life after retirement, we invited…
-
Peter Lincoln joins Infrastructure Development as Project Coordinator
Peter Lincoln is the successful candidate for the position of Project Coordinator in Project Services within Infrastructure Development. David Kosub will be retiring at the end of June 2021, and Peter will be stepping into his role in Project Services.
-
Parveen Mann joins UBC as Director, Human Resources
We are pleased to welcome Parveen Mann to the VPFO as our new Director of Human Resources, reporting to Vice-President, Finance & Operations, Peter Smailes, effective June 21.
-
VPFO Finance Realignments Following Workday Go-Live
Many members of our VPFO team played key roles in launch of Workday at UBC, and following the success of go-live we are ready to continue modernizing our core business processes, improve how we are structured, and transform the way…