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.

Learn about the VPFO Strategic Plan

News from the VPFO

  • Scarfe Office Block is undergoing electrical renovation starting in May 2025

    The electrical distribution system for the Neville Scarfe Complex is reaching the end of its lifespan and lacks the capacity to meet occupants’ future electrical needs. Construction on the Scarfe Complex Electrical Renovation is anticipated to begin in May 2025…

    Read more: Scarfe Office Block is undergoing electrical renovation starting in May 2025

  • What’s going on with the water? Pressure testing Jan. 27–Feb. 7

    Water supply will remain available during testing, although some buildings may experience mild discolouration in their water or minor water pressure variances. The water remains safe for use and consumption. 

    Read more: What’s going on with the water? Pressure testing Jan. 27–Feb. 7

  • UBC has successfully transitioned all our bank accounts to RBC

    As of January 24, 2025, UBC has successfully transitioned all our bank accounts to RBC, and all HSBC Canada accounts have been closed. The final phase (Phase 3) of the HSBC/RBC transition will focus on stabilizing and monitoring our accounts…

    Read more: UBC has successfully transitioned all our bank accounts to RBC

  • Leena Mahasen joins VPFO as Executive Director, Transformation and Strategy

    Leena Mahasen will be joining as an Executive Director, Transformation and Strategy in the VP Finance & Operations on Monday, February 10. Reporting to the VP Finance & Operations, Leena’s expertise and leadership will play a key role in driving…

    Read more: Leena Mahasen joins VPFO as Executive Director, Transformation and Strategy

  • UBC supplier tax forms for 2024

    UBC mails out a copy of the tax forms (T4A and T5) every year by early February. Suppliers can also download tax forms directly from the Canada Revenue Agency (CRA) website.

    Read more: UBC supplier tax forms for 2024

People of the VPFO