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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Coast Salish Two-Spirit Mosaic mural installed
Last week, the Coast Salish Two-Spirit Mosaic mural was installed west of the First Nations Long House (FNLH) building on the West Mall. This mural represents Coast Salish Two-Spirit unity, dignity, and respect.
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Accepting credit card payments over the phone
The acceptance of credit card payments over the phone is deemed to be a transmission of cardholder data. If a Voice over internet protocol (VoIP) telephone is used as a means of transmission, both the credit card process and UBC…
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What do we mean when we say “budget” at UBC?
UBC’s annual budget process is underway, and our faculties and administrative teams are working on the unit-level financial plans that will feed into the university-wide budget proposal that is presented to the Board of Governors for approval.
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UBC is a BC Hydro Clean Energy Champion
BC Hydro Clean Energy Champions are businesses, homes, and institutions—large and small—recognized for their reduction in their reliance on fossil fuels. BC Hydro praised UBC for its efficient buildings and projects to reduce the use of gas for heating on…
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2023 Financial Information Act Report released
The 2023 Financial Information Act Report is now available. This report publishes supplementary information required by the BC Financial Information Act.
People of the VPFO
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Shannon Boychuk joins Safety & Risk Services in the position of Manager, Insurance & Loss Prevention
Shannon will be responsible for the management of the university’s comprehensive insurance portfolio and will act as the leader and key expert with respect to insurance policies
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Leigh Clark successfully keeping used furniture out of landfill
Since Leigh joined UBC Vancouver as a Facilities Planner with Infrastructure Development just two years ago, she has successfully identified and implemented a solution for keeping redundant furniture out of landfill and putting it to use elsewhere at the university.
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Siu Tse joins Energy & Water Services as Director of Engineering & Utilities
Siu joins us from the City of Port Coquitlam as their Deputy Director of Engineering & Operation and previously worked in City of Richmond, and Metro Vancouver.
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François Desmarais promoted to Senior Facilities Manager in Building Operations
François is the successful candidate to take on this newly created role with all of the Building Operations’ Facilities Managers reporting directly to him. François will continue to be responsible for the Brown Zone and also manage the day to…
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Announcing a new Associate Vice-President role for the VPFO
Following approval from UBC’s Board of Governors,the VPFO will be adding a new Associate Vice-President. Trish Pekeles has agreed to step forward as acting in the new AVP role until the search committee completes their work.