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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The VP Finance & Operations is expanding with the addition of UBC’s Enterprise Risk & Assurance
Effective January 15, 2024, the VP Finance & Operations (VPFO) will be welcoming UBC’s Enterprise Risk & Assurance (ERA) team to the portfolio. This strategic transition is part of our ongoing efforts to optimize the university’s organizational structure, enhance operational…
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Construction begins on the Laboratory of Archeology – Iona Building
Construction has begun on the new Community Research Centre in the Laboratory of Archeology at the Iona Building. This project aims to create a new space for housing archaeological collections recovered from ancient villages and other archaeological sites around the…
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UBC launches Zero Waste Market to promote sustainability
UBC’s Furniture Reuse program featured in the Ubyssey. The initiative, lead by the UBC facilities department, aims to reduce waste on campus by promoting the reuse of furniture, electronics and other items.
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Here Is Why Your Net Pay May Be Lower in January
Find out why your net pay may be lower in January, how it affects your personal credit return, and how to get support on updating your tax elections.
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Delay in ordering UBC Visa cards
Due to office closure over the holiday season, UBC’s Credit Card team will hold off on ordering new UBC Visa cards starting from Wednesday, December 13, 2023, until Tuesday, January 2, 2024.
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…