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: HSBC-RBC Transition project website is now live
HSBC-RBC Transition project website is now live
The Royal Bank of Canada (RBC) acquisition of HSBC Bank Canada (HSBC) was legally completed on March 28, 2024. A new HSBC-RBC Transition project website has been created to help the finance community follow along with UBC’s transition plan.
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Read more: UBC Third Quarter 2023/24 Financial Report is now available
UBC Third Quarter 2023/24 Financial Report is now available
The university’s third quarter 2023/24 financial report is now available on the UBC Finance website.
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Read more: Keeping the clean water flowing to campus – 16th Ave Water Main Replacement begins April 15
Keeping the clean water flowing to campus – 16th Ave Water Main Replacement begins April 15
This project will replace 400 metres of aging water main infrastructure along 16th Avenue. Expect noise and traffic changes along the route.
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Read more: Water dispensing and filtration equipment
Water dispensing and filtration equipment
Drinking water on the UBC Vancouver campus comes from Metro Vancouver’s water system, and is regularly tested to maintain high-quality drinking water. But if a faculty/department would like to order third-party water dispensing and filtration equipment, this order and ongoing maintenance or…
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Read more: 50% off furniture at the Zero Waste Market
50% off furniture at the Zero Waste Market
As spring rolls around, the Zero Waste Market is excited to announce that during April and May, will be 50% off, with some items free. Stop by to check out the furniture, stationary, lamps, and unique vintage items! Learn more.
People of the VPFO
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Read more: Bill Liu promoted to Procurement Officer in UBC Financial Operations
Bill Liu promoted to Procurement Officer in UBC Financial Operations
In his new role, Bill will play a key role in leading and completing RFx processes for purchases above $75K. The role is integral to the success of the Procurement Sourcing team by ensuring best procurement practices are being followed.
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Read more: Raymond Lum promoted to Subhead Metal Worker in Building Operations
Raymond Lum promoted to Subhead Metal Worker in Building Operations
Raymond has been in the metal shop at UBC for seven years and has a wealth of knowledge and experience in layout, fabricating, assembling, welding and installation. He was a participant in the Expression of Interest (EOI) program and is…
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Read more: Aligning enhanced safety and reducing risk for the university
Aligning enhanced safety and reducing risk for the university
In alignment with the VPFO and SRS strategic plan, Safety & Risk Services (SRS) is moving to the next step that builds on our strengths and opportunities to continue to align around enhanced safety and reduced risk for faculty, staff,…
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Read more: Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors
Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors
Cassandra Torres (she, her, hers) and Evan Lloyd join the Emergency Management team in Safety & Risk Services as Emergency Management & Continuity Planning Advisors. Their education and backgrounds in emergency response will be great assets to the team.
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Read more: Siu Tse will be Acting Managing Director, Energy & Water Services
Siu Tse will be Acting Managing Director, Energy & Water Services
Today is David Woodson’s last day at UBC as Managing Director, Energy & Water Services after 23½ years of outstanding service and many great memories. I am pleased to announce that Siu Tse will be Acting Managing Director, Energy & Water Services while we…