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: Working behind the scenes to ensure a safe and efficient campus
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 more: Read UBC’s 2023 Annual Financial Statements
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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Read more: UBC Investment Management releases 2022-23 Performance Results
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 more: Read the 2023 Endowment update
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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Read more: Celebrating the successful delivery of Workday Adaptive training
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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Read more: Adam Rosenthal promoted as the Head in Stores with Building Operations
Adam Rosenthal promoted as the Head in Stores with Building Operations
Adam has been an acting Head on many occasions in Stores, and has demonstrated he has the qualities required to be successful in this new role. As a Sub-head, Adam has developed strong relationships, and provided leadership and technical oversight…
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Read more: Caroline Macleod, Executive Secretary for Energy & Water Services
Caroline Macleod, Executive Secretary for Energy & Water Services
Caroline brings a wealth of experience to this position, and has been instrumental in supporting the department in transitioning to the new Workday and Planon enterprise systems.
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Read more: Jay Hiscox appointed Director, Project Services with Infrastructure Development
Jay Hiscox appointed Director, Project Services with Infrastructure Development
Jay has been part of the Infrastructure Development family since joining UBC in November 2016. He joined Project Services as Senior Project Manager, and was later promoted to Senior Manager and then Associate Director.
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Read more: Erin Kastner, a sustainability champion for twenty years
Erin Kastner, a sustainability champion for twenty years
To celebrate the 20th anniversary of the Sustainability Coordinator program, Campus & Community Planning spoke to Erin Kastner, Geospatial Information Manager with Energy & Water Services, on her commitment to sustainability at UBC.
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Read more: Philip Beck promoted as new Head in Soft Landscape, Municipal Services with Building Operations
Philip Beck promoted as new Head in Soft Landscape, Municipal Services with Building Operations
Philip Beck is the successful candidate for the new Soft Landscape head position that was introduced to support Chris Longford, head of the Soft Landscape team. Chris and Phil will work closely together to manage a growing team of over…