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: UBC’s report on fighting against forced labour and child labour in Supply Chains now available
UBC’s report on fighting against forced labour and child labour in Supply Chains now available
This report outlines the initiatives that were undertaken during the previous fiscal year, to help identify and assess risks associated with forced labour and child labour within our own supply chains, as well as forthcoming actions. Read the full report…
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Read more: Buchanan Block C Elevator Modernization begins June 23
Buchanan Block C Elevator Modernization begins June 23
The project is estimated to be complete by the end of August 2025. There will be no access to this elevator for the duration of construction. Please use the stairs on the north or south end of Buchanan Block C…
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Read more: The HSBC to RBC transition project has now officially concluded
The HSBC to RBC transition project has now officially concluded
Thank you to everyone who contributed to this important transition — especially our partners and business users — for your collaboration, patience, and adaptability throughout the process. With these changes now in place, all UBC HSBC Canada bank accounts have…
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Read more: Manage risk and overcome challenges with support from Enterprise Risk & Assurance
Manage risk and overcome challenges with support from Enterprise Risk & Assurance
May is International Internal Audit Awareness Month! At UBC, the ERA team provides independent, risk-based and objective audit and advisory services. Whether you’re launching a new project, looking to improve a critical process, or implementing a change, ERA can help…
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Read more: Moody’s affirms UBC’s Aa1 rating and S&P lowers its rating to A+ due to provincial credit link
Moody’s affirms UBC’s Aa1 rating and S&P lowers its rating to A+ due to provincial credit link
UBC maintains credit ratings with two different rating agencies, Moody’s Investors Service (commonly referred to as “Moody’s”) and S&P Global Ratings (“S&P”). Each year Moody’s and S&P meet separately with UBC to assess the factors influencing the university’s credit rating.
People of the VPFO
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Read more: Safety & Risk Services’ PrISM welcomes three new Lead Advisor, Information Security Compliance
Safety & Risk Services’ PrISM welcomes three new Lead Advisor, Information Security Compliance
Jack Wong, Tom Powers, and Jeff de Castro joins PrISM as part of the Compliance Support Program. In their new role, they will each be taking on various challenges and find areas of improvement to support UBC’s mission as a…
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Read more: Frontline heroes driving our campus forward
Frontline heroes driving our campus forward
When you talk to Jeff or Amber, one of the first things you will notice is their genuine care for our beautiful campus and diverse community. Both professionals in their fields, Jeff and Amber work hard to ensure a safe,…
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Read more: Denise Brown joins Infrastructure Development as Director, Capital Planning
Denise Brown joins Infrastructure Development as Director, Capital Planning
Denise comes to UBC with over 15 years of experience as an owner’s representative in construction capital and operations projects and a passion for creating sustainable and innovative spaces that enhance the quality of life and learning for students and…
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Read more: Wendy Lam joins Customer Services & Informatics in Facilities as Clerk
Wendy Lam joins Customer Services & Informatics in Facilities as Clerk
Through supporting engagement and communication activities, Wendy will enhance the team’s ability to make data readily available to staff managers.
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Read more: Custodial Services celebrates Vaisakhi
Custodial Services celebrates Vaisakhi
Custodial Services’ staff celebrated Vaisakhi on Friday morning at the start of the shift in the UBC Life Building Custodial deployment office. Special thanks to Balvir Bains and Charanjit Bains for organizing this celebration!