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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Construction begins on UBC’s Recreation Centre North
Construction is underway on a new recreation centre that will triple the amount of indoor fitness and recreation space at the University of British Columbia’s Vancouver campus. The new facility will feature three gyms, indoor track, and state-of-the-art fitness centre.
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Facilities completing the annual Confined Space Rescue Team exercises
Facilities’ Energy & Water Services and Building Operations recently completed their annual Confined Space Rescue Team on-site exercises. Rescuers were presented with different scenarios that required them to take the necessary steps to recognize, evaluate and develop a rescue plan to…
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UBC receives the NAFA Clean Air Awards
Facilities received eight NAFA Clean Air Awards for UBC buildings this year — AMS Student Nest, UBC Aquatic Centre, Beaty Biodiversity Museum, Centre for Interactive Research on Sustainability (CIRS), Forest Sciences Centre, Henry Angus Building, Irving K. Barber Learning Centre and Wayne &…
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Migrating to TouchNet, the new digital payment solution at UBC
With the transition to Workday, the university has identified TouchNet as the new solution that will facilitate all digital payment transactions across all UBC campuses. To help our community stay informed and updated, the DPP launched a website, where you…
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Increase in CRA Prescribed Interest Rate effective Oct 1, 2022
The CRA Prescribed Interest Rate will increase to 3% as of Oct 1, 2022. 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…
People of the VPFO
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Steve Carey promoted to Facilities Manager in Customer Services and Informatics
Steve brings to the Facilities Manager team experience in the aviation industry, as well as strong customer services experience from 14 years of creating good working relationships with UBC clients and staff.
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Rebecca Way joins UBCO Financial Operations as Procurement Manager
In her new role, Rebecca will be responsible for leading the local procurement team in the delivery of procurement services to the Okanagan campus, as well as actively engaging the campus community to increase understanding of procurement policies and workflows,…
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Lori Takenaka promoted to Safety Advisor, Facilities in Safety & Risk Services
In her new role as Safety Advisor, Facilities, Lori will lead a team of health and safety specialists and will continue to support UBC Facilities in the development and implementation of their health and safety programs.
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Teela Narsih promoted to Advisor, Safety Program Management & Systems in Safety & Risk Services
Teela began her career at UBC in 2015 where she has been an Occupational and Research Safety Associate with a focus on the development and implementation of the university’s safety program. Over the last 6 years, she has been instrumental…
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David Rowswell joins Facilities Information and Inventory Systems as Programmer Analyst in Infrastructure Development
David has worked in multiple roles at UBC. He is joining us on secondment from ITSC (Service Center) where he worked as part of our IT support team. After graduating from UBC with a Bachelor’s degree in Computer Science in…