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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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.
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Read the 2023 Endowment update
Every year, the university provides a summary report for each endowed fund to the designated donor contact. The 2023 University of British Columbia (UBC) Endowment Summary Report is now available on The University Endowment page, or on the give UBC…
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Celebrating the successful delivery of Workday Adaptive training
Last week, the Financial Planning and Analysis (FP&A) and the Workday Adaptive Project team celebrated the successful delivery of the Workday Adaptive training series with a graduation celebration with virtual certificates, sparkling juice — and of course, no celebration would…
People of the VPFO
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Aligning enhanced safety and reducing risk for the university
In alignment with the VPFO and SRS strategic plan, Safety & Risk Services (SRS) is moving to the next step that builds on our strengths and opportunities to continue to align around enhanced safety and reduced risk for faculty, staff,…
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Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors
Cassandra Torres (she, her, hers) and Evan Lloyd join the Emergency Management team in Safety & Risk Services as Emergency Management & Continuity Planning Advisors. Their education and backgrounds in emergency response will be great assets to the team.
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Siu Tse will be Acting Managing Director, Energy & Water Services
Today is David Woodson’s last day at UBC as Managing Director, Energy & Water Services after 23½ years of outstanding service and many great memories. I am pleased to announce that Siu Tse will be Acting Managing Director, Energy & Water Services while we…
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Shilan Keshvadi joins Safety & Risk Services as Associate, Health & Safety Education and Audit
Prior to joining us, Shilan was a Research Safety Coordinator at Simon Fraser University, where she acted as the EHS (environment, health, and safety) resource person for the Local Joint Health & Safety Committee to provide updates on policies and practices and address…
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Sandy Sull joins as the Finance Manager, Project Accounting
Sandy is a Chartered Professional Accountant (CPA) with over 16 years of accounting experience across various industries. She will partner with other VPFO team members to continuously improve business processes and enable effective financial management throughout the portfolio.