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: CRA prescribed interest rate remains at 5% for Q3 2023
CRA prescribed interest rate remains at 5% for Q3 2023
The CRA Prescribed Interest Rate will be 5%, in effect from July 1, 2023 to September 30, 2023. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will have an effect…
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Read more: Welcome to Helen Yung, UBC’s new Comptroller
Welcome to Helen Yung, UBC’s new Comptroller
Helen Yung joins UBC today as the university’s new Comptroller, with responsibility for delivering financial intelligence, planning, and reporting to facilitate decision-making.
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Read more: Take part in the Mass Care Open House & Preparedness Fair to become better prepared for emergencies
Take part in the Mass Care Open House & Preparedness Fair to become better prepared for emergencies
Safety & Risk Services’ Emergency Management team will be hosting a Mass Care Open House on June 28, 2023. This event is an opportunity for key responding staff to familiarize and problem-solve the mass care planning done to date. Mass…
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Read more: Realignment of roles within Financial Service & Strategic Procurement
Realignment of roles within Financial Service & Strategic Procurement
Over the years, Financial Service & Strategic Procurement within Finance & Operational Excellence have been working with faculties and administrative units to look for opportunities to improve levels of service across the university. In order to improve our service level…
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Read more: MOA Great Hall Renewal project featured in Engineers & Geoscientists British Columbia’s Innovation magazine
MOA Great Hall Renewal project featured in Engineers & Geoscientists British Columbia’s Innovation magazine
The Museum of Anthropology (MOA) Great Hall Renewal project was featured in the annual project highlights issue of Engineers & Geoscientists British Columbia (EGBC)’s Innovation magazine, a showcase of innovative and sustainable projects.
People of the VPFO
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Read more: Rae Ann Aldridge appointed as Executive Director, Safety & Risk Services
Rae Ann Aldridge appointed as Executive Director, Safety & Risk Services
In her new role, Rae Ann will be charged with working across campus to enhance UBC’s safety and security. She will be responsible for leading Safety & Risk Services, a new department which is the result of a merger between…
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Read more: Living and Breathing Service: Recognizing the People of the VPFO
Living and Breathing Service: Recognizing the People of the VPFO
VPFO strategic plan asks us to inspire great people. There’s nothing more inspiring than our Presidential Award-winning co-workers and how their dedication and service makes a daily difference at UBC.
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Read more: Dawn Jia Announced as President and CEO of UBC IMANT
Dawn Jia Announced as President and CEO of UBC IMANT
In her role, Dawn will be responsible for the overall investment management of UBC IMANT’s portfolios, including the selection and oversight of institutional investment fund managers, and ensuring that UBC IMANT’s strategic and operating objectives are achieved.