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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Parm Ubhi promoted to Assistant Chief Engineer in Energy & Water Services
Paramvir Ubhi has been promoted to Assistant Chief Engineer in UBC Facilities’ Energy & Water Services for UBC’s two thermal energy plants as of April 15.
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Ant season is here
Ants are one of the most common structural pests, capable of quickly turning from a minor nuisance into a persistent problem. Learn about what draws ants into your workspace to help manage and prevent infestations.
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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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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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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.
People of the VPFO
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Kayna Merchant joins UBC as Facilities Architectural Manager with Building Operations
In this new role, Kayna will be working closely with the Architectural Trades Team to gain a fulsome understanding of architectural maintenance considerations to provide a better balance of the diverse needs of multiple stakeholders within UBC.
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Holly Shepherd joins UBC as Tax Manager
Holly is joining the Treasury group as the university’s new Tax Manager, supporting the community with advising for tax-related matters, as well as general oversight of UBC’s tax strategies.
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Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis
A UBC Alumna, Sarah will partner with departments across the university to assist and monitor the main drivers of revenue and expenses at UBC. She will also develop and evaluate strategic options and alternatives on financial decisions that impact the university,…
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Aaron Mogerman appointed Director, Infrastructure Development in UBC Okanagan
Aaron will head up the new department as the first Director for UBC Okanagan’s Infrastructure Development. He has been an important part of the Infrastructure Development team in Vancouver for a long time and will bring his solid project management…
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Hoi Ying Yu joins Building Operations as Contract Manager
Hoi will be responsible for managing Building Operations’ service contracts and oversee internal revenue generating contracts. She will be working closely with the trades, project coordinators, and managers to ensure Building Operations’ Preventative Maintenance and Service contracts continue providing value to…