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: Curtis Spencer is promoted to Subhead Electrical Maintenance in Building Operations
Curtis Spencer is promoted to Subhead Electrical Maintenance in Building Operations
Curtis joined UBC in February 2017 working on campus street lights before moving to the electrical controls crew where he took on both the green and teal zones. Curtis has vast experience in commercial and industrial settings, and has shown…
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Read more: Chris Bastien joins as the Finance Services Manager
Chris Bastien joins as the Finance Services Manager
As the Finance Services Manager, Chris will play a vital role in leading the Finance Services Team to support our Community in Finance Period End activities, and the improvement of Workday’s processes. Chris comes to us with 20 years of…
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Read more: Kyle Fenton joins Infrastructure Development as Associate Project Manager
Kyle Fenton joins Infrastructure Development as Associate Project Manager
Kyle’s diverse range of professional skills within project management and project design and construction, coupled with his unique insights into different project roles will be a definite asset to the Project Services team.
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Read more: Bill Liu promoted to Procurement Officer in UBC Financial Operations
Bill Liu promoted to Procurement Officer in UBC Financial Operations
In his new role, Bill will play a key role in leading and completing RFx processes for purchases above $75K. The role is integral to the success of the Procurement Sourcing team by ensuring best procurement practices are being followed.
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Read more: Raymond Lum promoted to Subhead Metal Worker in Building Operations
Raymond Lum promoted to Subhead Metal Worker in Building Operations
Raymond has been in the metal shop at UBC for seven years and has a wealth of knowledge and experience in layout, fabricating, assembling, welding and installation. He was a participant in the Expression of Interest (EOI) program and is…