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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Read more: Students, faculty and staff get Ranger Ready in The Nest
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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Read more: Legal Opinion Confirms the Way Forward to Divestment
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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Read more: Statement on passing of Robert H. Lee
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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Read more: 2019/2020 Year End Schedule Now Available
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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Read more: T4/T4A statements are now available online
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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Read more: Bill Liu promoted to Procurement Officer in UBC Financial Operations
Bill Liu promoted to Procurement Officer in UBC Financial Operations
In his new role, Bill will play a key role in leading and completing RFx processes for purchases above $75K. The role is integral to the success of the Procurement Sourcing team by ensuring best procurement practices are being followed.
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Read more: Raymond Lum promoted to Subhead Metal Worker in Building Operations
Raymond Lum promoted to Subhead Metal Worker in Building Operations
Raymond has been in the metal shop at UBC for seven years and has a wealth of knowledge and experience in layout, fabricating, assembling, welding and installation. He was a participant in the Expression of Interest (EOI) program and is…
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Read more: Aligning enhanced safety and reducing risk for the university
Aligning enhanced safety and reducing risk for the university
In alignment with the VPFO and SRS strategic plan, Safety & Risk Services (SRS) is moving to the next step that builds on our strengths and opportunities to continue to align around enhanced safety and reduced risk for faculty, staff,…
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Read more: Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors
Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors
Cassandra Torres (she, her, hers) and Evan Lloyd join the Emergency Management team in Safety & Risk Services as Emergency Management & Continuity Planning Advisors. Their education and backgrounds in emergency response will be great assets to the team.
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Read more: Siu Tse will be Acting Managing Director, Energy & Water Services
Siu Tse will be Acting Managing Director, Energy & Water Services
Today is David Woodson’s last day at UBC as Managing Director, Energy & Water Services after 23½ years of outstanding service and many great memories. I am pleased to announce that Siu Tse will be Acting Managing Director, Energy & Water Services while we…