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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Protect UBC Mobile Phones Against SIM Swapping
UBC IT has recommend that we take steps to protect our cell phones against a risk known as SIM swapping.
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UBC Moves Forward with Divestment Plus
By taking this approach, the university will be able to assess broader environmental, social and governance issues present in its portfolio companies, and work to become an active investor that influences outcomes.
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A friendly reminder to run the cold water taps to ensure water is fresh
As many buildings on campus have reduced occupancy, we want to remind everyone that running the cold water taps until the water is cold is an important step before drinking or using for food preparation. This will ensure the water…
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Extension to UBC’s Year End Schedule
The university’s year end process is currently ongoing, although this cycle has experienced several disruptions. To give UBC’s financial community as much time as possible to process year end, the schedule has been extended by a few days.
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Construction projects remain active on campus
As the COVID-19 situation continues to evolve, the province has listed construction as an essential service in B.C. Worksites are taking all necessary precautions as advised by Vancouver Coastal Health (VCH) and Provincial Health Officials.
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.