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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Snow or sun, you are appreciated
The VPFO does a lot, snow or sun, to keep UBC working. Despite yesterday’s challenges of travelling to campus, working remotely, or by just by preparing our systems on the good days to be resilient enough to handle the tough…
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Changes to Print Services at UBC
Xerox is currently UBC’s preferred supplier of printing services, but the university’s master service agreement with this vendor is due to expire in March 2020. The Strategic Sourcing team in Financial Operations is exploring the best options for print solutions…
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Saving Energy During UBC’s Seasonal Shutdown
This past December, departments, building operators and energy managers across UBC joined together to reduce the university’s environmental footprint over the winter holiday by participating in the Seasonal Shutdown.
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UBC ready for snow
It’s five o’clock in the morning, snow has been falling for a few hours in Vancouver and slowly accumulating on the roads across the city. Building Operations crews are already brining, salting and plowing roads and pathways on the Vancouver…
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Update: Next Steps Following Climate Emergency Declaration and Commitment to Divestment
The climate crisis is one of the most pressing issues of our time and UBC wants to ensure that our community and the public is informed of the actions that the university is taking as a leader in sustainability and…
People of the VPFO
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Esther Li promoted to Senior Financial Processing Specialist in Treasury
Reporting to Chen Shi, Treasury Accounting Manager, Esther will continue to be responsible for the incoming payments while playing a critical role in more complicated bank reconciliations and other banking side responsibilities.
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Creating inclusive spaces beyond the public realm
Jen Sheel takes pride in what her team does… and it shows. When you meet Jen, one of the first things you see is her dedication to making UBC a place that invites and builds connections. She fiercely believes that…
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Josephine Shen joins the Financial Planning and Analysis (FP&A) team as a Financial Analyst
In her new role, Josephine will play a key role in developing the Strategic Initiatives’ multi-year forecasting model and maintaining various financial models (i.e. Contingency and PAEI) at UBC.
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Celebrating UBC VPFO’s long-serving member inductees in 2022
The VPFO team has a number of long service member inductees this year. This is an amazing personal accomplishment for the individuals and a true testament to their devotion to service at UBC.
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Holly Shepherd promoted to Director, Treasury
Holly Shepherd has been promoted to Director, Treasury with overall responsibility for overseeing tax, contracts, leases & licences, housing loans, payment card industry compliance, service levy and Treasury Accounting.