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: Dimitri Kavouras steps into new role as Subhead Controls Electrician in Building Operations
Dimitri Kavouras steps into new role as Subhead Controls Electrician in Building Operations
Passionate about contributing to the UBC community, Dimitri is a current shop steward, previous union delegate, and participant in two apprenticeship committees. He was awarded the Kim Nulty award in 2020 for his contributions and excellence in categories like employee…
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Read more: Building a more innovative campus — one project at a time
Building a more innovative campus — one project at a time
A powerful duo in the VPFO, Aletha Utimati, a PMP-certified Project Manager and Sandy Sull, a Chartered Professional Accountant (CPA) bring completely different expertise but share a vision for an innovative campus, a passion for collaboration, and the ability to…
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Read more: Rosanna Ma steps into new role as Facilities Safety Associate
Rosanna Ma steps into new role as Facilities Safety Associate
Rosanna’s experience in the Research Compliance and Occupational Hygiene team in SRS and consulting industry will be extremely beneficial in her new role. She will be transitioning from the Donald Rix office to join the Facilities Safety team in the…
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Read more: Meynardo Villarica steps into new role as Architectural Head in Building Operations
Meynardo Villarica steps into new role as Architectural Head in Building Operations
Meynardo joined Building Operations in September 2012 as a carpenter in the Yellow Zone Carpenter and later became the Sub-head for the Carpenter Shop. Bringing a wealth of trade and customer service experience, Meynardo will help to build out processes…
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Read more: Staff change as VPFO Administration helps support the President’s Office
Staff change as VPFO Administration helps support the President’s Office
Sandy Zarka will be seconded as the new Manager of Administration and Executive Assistant to the Interim President for the Presidential transition period. While Sandy is with the President’s Office, Holly Rail will continue in her current role as executive…