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: Keep track with VPFO Project Management Office’s projects through the Project Portfolio Management Dashboard

Keep track with VPFO Project Management Office’s projects through the Project Portfolio Management Dashboard
The VPFO Project Management team uses a project portfolio management (PPM) tool to help with the intake, prioritization, selection and management of continuous improvement projects at UBC. Click through to see the dashboard.
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Read more: Digital Payments Program: Information security training for new merchants

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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Read more: Forecasting for a solid future

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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Read more: Realigning Operational Excellence to Support Key Initiatives for the VPFO and UBC

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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Read more: Diving into biodiversity and sustainability: Environmental education and cultural exchange at St’a7mes School

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.
People of the VPFO
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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…
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Read more: Aligning enhanced safety and reducing risk for the university
Aligning enhanced safety and reducing risk for the university
In alignment with the VPFO and SRS strategic plan, Safety & Risk Services (SRS) is moving to the next step that builds on our strengths and opportunities to continue to align around enhanced safety and reduced risk for faculty, staff,…
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Read more: Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors
Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors
Cassandra Torres (she, her, hers) and Evan Lloyd join the Emergency Management team in Safety & Risk Services as Emergency Management & Continuity Planning Advisors. Their education and backgrounds in emergency response will be great assets to the team.
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Read more: Siu Tse will be Acting Managing Director, Energy & Water Services
Siu Tse will be Acting Managing Director, Energy & Water Services
Today is David Woodson’s last day at UBC as Managing Director, Energy & Water Services after 23½ years of outstanding service and many great memories. I am pleased to announce that Siu Tse will be Acting Managing Director, Energy & Water Services while we…