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: Holiday crime prevention tips from UBC Campus Security
Holiday crime prevention tips from UBC Campus Security
Happy Holidays from UBC Campus Security! While you’re out enjoying the hustle and bustle of the holidays, keep these tips in mind for a safe, happy and crime-free season holiday season on campus.
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Read more: UBC embraces mass timber with $180 million Gateway Building
UBC embraces mass timber with $180 million Gateway Building
Wood construction allowed the University of British Columbia to represent three of its core values in designing the new Gateway Building: sustainability, personal well-being and Indigenous collaboration. The six-storey, 267,000-square-foot mass timber building is designed to be an iconic welcoming…
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Read more: Facilities teams work together to ensure an ideal exam experience for UBC students
Facilities teams work together to ensure an ideal exam experience for UBC students
Twice a year, at end of Term 1 and 2, Custodial Services and Municipal Services work together to set up Osborne Gym and Student Recreation Centre (SRC) Gym with 1,340 tables and chairs, to support and maintain an ideal exam experience…
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Read more: Increase in CRA Prescribed Interest Rate effective January 1, 2023
Increase in CRA Prescribed Interest Rate effective January 1, 2023
The CRA Prescribed Interest Rate will increase to 4% as of Jan 1, 2023. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will have an effect on future loans made…
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Read more: Final Settlement runs for 2022
Final Settlement runs for 2022
The final settlement (payment) runs for all Accounts Payable transactions will be occurring in the third week of December. In order to be included in the settlement run, the invoice/expense must be fully approved or matched to its purchase order,…
People of the VPFO
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Read more: Leigh Clark successfully keeping used furniture out of landfill
Leigh Clark successfully keeping used furniture out of landfill
Since Leigh joined UBC Vancouver as a Facilities Planner with Infrastructure Development just two years ago, she has successfully identified and implemented a solution for keeping redundant furniture out of landfill and putting it to use elsewhere at the university.
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Read more: Siu Tse joins Energy & Water Services as Director of Engineering & Utilities
Siu Tse joins Energy & Water Services as Director of Engineering & Utilities
Siu joins us from the City of Port Coquitlam as their Deputy Director of Engineering & Operation and previously worked in City of Richmond, and Metro Vancouver.
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Read more: François Desmarais promoted to Senior Facilities Manager in Building Operations
François Desmarais promoted to Senior Facilities Manager in Building Operations
François is the successful candidate to take on this newly created role with all of the Building Operations’ Facilities Managers reporting directly to him. François will continue to be responsible for the Brown Zone and also manage the day to…
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Read more: Announcing a new Associate Vice-President role for the VPFO
Announcing a new Associate Vice-President role for the VPFO
Following approval from UBC’s Board of Governors,the VPFO will be adding a new Associate Vice-President. Trish Pekeles has agreed to step forward as acting in the new AVP role until the search committee completes their work.
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Read more: Bryan Antenor and Marcos Kwong join Financial Operations management team
Bryan Antenor and Marcos Kwong join Financial Operations management team
The Financial Operations team is pleased to welcome Bryan Antenor as the department’s new Customer Support Manager, and Marcos Kwong as the Manager of Procurement Services.