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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Digital Payments Program: Information security training for new merchants
All merchants, including UBC merchants, who process credit card payments are required to be compliant with Payment Card Industry Data Security Standards (PCI-DSS). The DPP PCI-DSS Training course is required as part of DPP’s new merchant onboarding process.
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Forecasting for a solid future
Raffaela works with her team to ensure a sound financial position for UBC for generations to come. Read more about what it’s like working in a team as diverse as Treasury, what respect means to her professionally, and how she…
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Realigning Operational Excellence to Support Key Initiatives for the VPFO and UBC
The VPFO Senior Leadership Team has been working together to review, simplify, and prioritize the projects in our portfolio’s Strategic Plan. To enable key projects for the VPFO and UBC, we’re realigning some of our key resources.
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Diving into biodiversity and sustainability: Environmental education and cultural exchange at St’a7mes School
This initiative brings together individuals from various backgrounds and communities, including Elders, settlers, and Indigenous communities; and aims to foster cultural exchange, a deeper understanding of biodiversity and sustainable practices, as well as an enhanced collective responsibility for the environment.
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Upcoming road closures on UBC Vancouver campus as of June 19, 2023
Find more information about upcoming road closures around the UBC Vancouver campus as of June 19, 2023. Thank you for your patience and cooperation.
People of the VPFO
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Sam Stephens joins Safety & Risk Services as the new Director, Special Projects
Sam has a diverse background, with extensive experience leading projects and teams within Compliance, Security and Risk Management roles for organizations in the public sector.
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Srinath Srinivasan joins Safety & Risk Services as Lead Advisor, Information Security Compliance in PrISM
Srinath is a Cybersecurity professional with over a decade of experience in a diverse range of industries and sectors, including transportation, health, finance, and technology in both private and public sector organizations.
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Clayton Mullen joins Facilities as Senior Manager of Thermal Utilities in Energy & Water Services
As Senior Manager of Thermal Utilities, Clayton will bring thermal utility managerial and operational experience. He will be leading the Thermal Utilities team to improve practices and processes.
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Jonathan Weinberg promoted to Project Coordinator in Infrastructure Development, Facilities
Jonathan joined UBC in September 2019 working as a project carpenter in Building Operations. He participated in continuing education by volunteering for the Expression of Interest Program (EOI) program back in 2020, and since then has supported the crew as…
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Leadership change within the Vice-President, Finance and Operations portfolio
Peter Smailes, Vice-President, Finance and Operations, is leaving UBC to take up a new opportunity at Kwantlen Polytechnic University as their Vice-President, Administration.