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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Construction begins for UBC Sauder Expansion
This month, the UBC Sauder Power House Expansion Project will begin construction for a new 11-storey building that will sit on the former Power House site and next to the current Sauder School of Business facility. The demolition of the Power…
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Strengthening project and data management across the VPFO and UBC
We are pleased to introduce the new position of Executive Director, Transformation & Strategy, which will drive UBC’s finance transformation by developing a strategic financial planning and analysis framework aimed at enhancing financial efficiency and modernizing our approach.
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Celebrate Circular Economy Month
Join the Furniture Reuse Program team at the Zero Waste Market this October and November for reduced prices to celebrate Circular Economy Month! The Zero Waste Market sells gently used furniture best suited for home use and small budgets, as…
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Preparing for FY25 Q2 Forecast: What you need to know
In preparation for the FY25 Q2 forecast in Adaptive Planning, please review the following Q2 2025 Guidelines and References. A Zoom forecast update session will also be available for the Finance community. More information is available on the Finance website.
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Air Canada labour negotiations and your travel
Air Canada is in negotiations with the Air Line Pilots Association (ALPA). If you need to change your Air Canada reservation and have booked through Concur or a Direct Travel agent, please reach out to Direct Travel. Learn more about…
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…