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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Students, faculty and staff get Ranger Ready in The Nest
On February 13, 2020 the AMS Student Nest was transformed into the UBC Emergency Ranger Station, where the Emergency Management team helped the UBC community get Ranger Ready, and prepare for emergency situations.
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Legal Opinion Confirms the Way Forward to Divestment
On Dec. 5, 2019, the Board of Governors formally directed VP Finance and UBC Counsel to lay out a pathway to full divestment of the university’s main endowment. Now the university has received a legal opinion which further confirms the…
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Statement on passing of Robert H. Lee
It is with deep sadness and a great sense of loss that we learned of the passing of Dr. Robert (Bob) H. Lee, CM, OBC, former Chancellor of UBC and Chairman of UBC Properties Trust on February 19, 2020.
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2019/2020 Year End Schedule Now Available
The university’s fiscal year end of March 31, 2020, is fast approaching, and similar to prior years UBC’s financial teams have collaborated on a schedule to support the university community in closing out the fiscal year for accounting purposes.
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T4/T4A statements are now available online
UBC issues tax slips online as PDFs that are identical to the printed form, and are accepted by the Canada Revenue Agency (CRA) when filing your taxes.
People of the VPFO
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Michaela Kelly joins as Executive Assistant supporting Executive Director, UBC Safety & Risk Services
Michaela comes to UBC from the public relations agency Hill+Knowlton Strategies (H+K), where she provided strategic and integrated communications support to some of Canada’s leading brands across a wide range of sectors.
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Valerie Nichol appointed UBCO’s Director of Integrated Planning and Chief Budget Officer as of July 1, 2023
Valerie brings seven years of valuable experience within UBC Okanagan, along with a significant tenure in various other organizations, which she will leverage to enhance our finance team.
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Samuel Akindele joins Facilities’ Municipal Services as Trades 3 Mechanic
Samuel has over 15 years of experience as Heavy Duty Mechanic. He joins UBC most recently from BC Ferries where he worked as Marine Engine Mechanic, and was responsible for Engine Overhauling, Rad Drives, and Pumps.
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Forecasting for a solid future
Raffaela works with her team to ensure a sound financial position for UBC for generations to come. Read more about what it’s like working in a team as diverse as Treasury, what respect means to her professionally, and how she…
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Bringing teams together over good food and good laughs
“Food brings people together,” explains Bryan Antenor, Customer Support Manager in Financial Operations. “Connecting over potlucks, having a few good laughs and participating in highly competitive Mario Kart Switch tournaments are just some of the simple yet effective ways we…