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: March 21 is the International Day for the Elimination of Racial Discrimination
March 21 is the International Day for the Elimination of Racial Discrimination
The 2022 International Day focuses on the theme Voices For Action Against Racism and aims, in particular, to highlight the importance of strengthening meaningful and safe public participation and representation in all areas of decision-making to prevent and combat racial discrimination.
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Read more: Enhancing UBC’s Financial Budgeting, Forecasting and Analysis Support
Enhancing UBC’s Financial Budgeting, Forecasting and Analysis Support
The Comptroller’s Budget Office team has seen increasing demand for complex future-facing financial analysis, expanded budget and forecasting support, and the integration of new technologies such as Workday. To better respond to these needs, the Budget Office team is reforming…
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Read more: Business Expense Rules will go live on April 1, 2022
Business Expense Rules will go live on April 1, 2022
The new Business Expense Rules have now been approved and will be available to the UBC community on April 1, 2022 on the UBC Finance website. In the meantime, you are welcome to review the Business Expense Rules document in…
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Read more: Energy conservation measures implemented in I.K. Barber Learning Centre
Energy conservation measures implemented in I.K. Barber Learning Centre
An energy conservation project was implemented to repair the heat pipe system in the main air handling units (AHUs) to improve thermal energy in the building. Upon completion, the building’s thermal energy demand has been reduced by ~22%, saving ~$11,000…
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Read more: Heat recovery chiller expansion in the Life Sciences Centre
Heat recovery chiller expansion in the Life Sciences Centre
In 2021, a third chiller module was added to an existing two-module heat recovery chiller to maximize more recoverable heat in the building. This additional chiller module will recover 5800 GJ of heat per year, equivalent to reducing thermal consumption…
People of the VPFO
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Read more: Rae Ann Aldridge appointed as Executive Director, Safety & Risk Services
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…
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Read more: Living and Breathing Service: Recognizing the People of the VPFO
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.
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Read more: Dawn Jia Announced as President and CEO of UBC IMANT
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.