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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A warm thank you for an impressive 2024
As we approach the holiday season, I want to take a moment to express my sincere thanks for your incredible efforts and reflect on what the VPFO team has achieved in 2024.
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Why your net pay may be lower in January
Canada Pension Plan (CPP) and Employment Insurance (EI) deductions have a yearly maximum earnings limit. Once these limits are reached during the calendar year, the deductions stop for the rest of the calendar year. Learn more on the Finance website.
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Metro Vancouver water crews conducting planned maintenance
Metro Vancouver water crews are working within the City of Vancouver December 3–5, which may cause cloudy water. The water is still safe for consumption and use.
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2024 tax information and what to expect for 2025
2024 T4 and T4A tax slips will be available on or before February 28, 2025. A Workday Announcement (shared on the home page of your Workday account) will advise you when they are available for you to download. More information…
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Fixing campus infrastructure breaks, spills, and leaks
Addressing leaks is vital to maintaining campus infrastructure and supporting the VPFO’s campus excellence and sustainability goals. The UBC Facilities team has shown their dedication, expertise, and quick-thinking while responding to leaks over the past few weeks.
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…