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: UBC has successfully transitioned all our bank accounts to RBC
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…
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Read more: Leena Mahasen joins VPFO as Executive Director, Transformation and Strategy
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…
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Read more: UBC supplier tax forms for 2024
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.
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Read more: Masks required in health care facilities
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.
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Read more: HSBC Global Disbursements transitions to RBC International Pay
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.
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.