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

  • 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

  • Masks required in health care facilities

    As of January 6, medical mask-wearing is required in all health care facilities in British Columbia where active patient care is being provided. 

    Read more: Masks required in health care facilities

  • HSBC Global Disbursements transitions to RBC International Pay

    As part of the HSBC-RBC transition, UBC is transitioning to RBC’s International Pay on January 17, 2025.  Please note there is a difference in the level of supported currencies between RBC’s International Pay and the previous platform HSBC Global Disbursement.

    Read more: HSBC Global Disbursements transitions to RBC International Pay

People of the VPFO