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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Staying safe in the summer weather
As the temperatures rise, learn how to identify signs and symptoms, the risks related to heat-related illnesses and how to protect yourself by completing the Heat Stress Awareness course. It is important to recognize the signs and symptoms early on…
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Streamlining backfills and recruitment for Custodial Services
Custodial Services will be streamlining the process for identifying backfills and facilitating staff moves and recruitment. This change will help facilitate quicker moves of internal staff who are interested in moving to a new shift, and create a quicker turnaround…
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Working behind the scenes to ensure a safe and efficient campus
As our campus winds down for the summer term, Facilities’ Energy & Water Services has been busy ensuring safety and smooth operations throughout our campus.
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Read UBC’s 2023 Annual Financial Statements
The Annual Financial Statements for year ended March 31, 2023, is now available on the UBC Finance website. UBC’s consolidated financial statements reflect the assets, liabilities, revenues and expenses of UBC, covering the fiscal year from April 1 to March…
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UBC Investment Management releases 2022-23 Performance Results
UBC Investment Management is pleased to release FY22-23 performance highlights on behalf of the funds the firm manages: the UBC Main Endowment Pool and the UBC Staff Pension Plan (SPP). All results as of March 31, 2023.
People of the VPFO
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Welcoming Maggie Ivanova as UBC’s New Chief Enterprise Risk & Assurance Officer
Maggie Ivanova will begin her role as UBC’s new Chief Enterprise Risk and Assurance Officer on April 7. She will provide strategic leadership to the university’s Internal Assurance and Enterprise Risk Management functions and will report jointly to the Vice-President,…
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Sarah Goold appointed as Director, Long-Term Financial Modelling & Planning
Sarah Goold has been appointed Director, Long-Term Financial Modelling & Planning and will oversee the Long-Term Financial Modelling & Planning team going forward.
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Lindsay Wyant transitions to the Financial Reporting team as the Interim Director, Financial Reporting
We are pleased to announce that Lindsay Wyant, Finance Manager, Capital Financial Reporting, will be transitioning to the Financial Reporting Team as the Interim Director, Financial Reporting.
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Mandy Li to step into the role of Interim Manager of Financial Analysis within the Financial Reporting team
We are excited to announce that Mandy Li (Senior Financial Analyst) will be stepping into the role of Interim Manager of Financial Analysis within the Financial Reporting Team.
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Jeev Saini appointed as new Head of Mechanical Operations in Building Operations
Jeev Saini has been appointed as the new Head of Mechanical Operations in Building Operations, effective February 3. We are excited to see Jeev step into this key role and provide continued dedicated support to our Mechanical Operations team.