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

  • Active, intentional and ongoing learning for EDI 

    Equity, diversity, and inclusion (EDI) aren’t milestones — they’re the fundamental components required to create a welcoming and inclusive workplace at UBC. It is hard work that takes active, intentional, and ongoing learning (and unlearning). 

    Read more: Active, intentional and ongoing learning for EDI 
  • Bold new plans unveiled for UBCO Downtown

    Recently published photos and a video show how UBCO Downtown will weave excellence in research and teaching into the cultural, economic and social fabric of Kelowna’s downtown core.

    Read more: Bold new plans unveiled for UBCO Downtown
  • Announcing the search for a new Vice-President, Finance & Operations

    President Santa Ono has launched a search for a new Vice-President, Finance & Operations, and is seeking your views on the qualities you’d like to see in this appointment

    Read more: Announcing the search for a new Vice-President, Finance & Operations
  • Craig Bissell joins Facilities in Infrastructure Development as Project Manager

    In his new role, Craig will work with clients, staff, consultants, and contractors to monitor all work, and manage funds and schedules required for the development and use of the University’s facilities.

    Read more: Craig Bissell joins Facilities in Infrastructure Development as Project Manager
  • Increase in CRA Prescribed Interest Rate effective July 1, 2022

    The CRA Prescribed Interest Rate will increase to 2% effective July 1, 2022. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will have an effect on future loans made under…

    Read more: Increase in CRA Prescribed Interest Rate effective July 1, 2022

People of the VPFO

  • Rae Ann Aldridge appointed as Executive Director, Safety & Risk Services

    In her new role, Rae Ann will be charged with working across campus to enhance UBC’s safety and security. She will be responsible for leading Safety & Risk Services, a new department which is the result of a merger between…

    Read more: Rae Ann Aldridge appointed as Executive Director, Safety & Risk Services
  • Living and Breathing Service: Recognizing the People of the VPFO

    VPFO strategic plan asks us to inspire great people. There’s nothing more inspiring than our Presidential Award-winning co-workers and how their dedication and service makes a daily difference at UBC.

    Read more: Living and Breathing Service: Recognizing the People of the VPFO
  • Dawn Jia Announced as President and CEO of UBC IMANT

    In her role, Dawn will be responsible for the overall investment management of UBC IMANT’s portfolios, including the selection and oversight of institutional investment fund managers, and ensuring that UBC IMANT’s strategic and operating objectives are achieved.

    Read more: Dawn Jia Announced as President and CEO of UBC IMANT