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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Michaela Kelly joins as Executive Assistant supporting Executive Director, UBC Safety & Risk Services
Michaela comes to UBC from the public relations agency Hill+Knowlton Strategies (H+K), where she provided strategic and integrated communications support to some of Canada’s leading brands across a wide range of sectors.
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Read UBC’s 2023 Annual Financial Statements
The Annual Financial Statements for year ended March 31, 2023, is now available on the UBC Finance website. UBC’s consolidated financial statements reflect the assets, liabilities, revenues and expenses of UBC, covering the fiscal year from April 1 to March…
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Valerie Nichol appointed UBCO’s Director of Integrated Planning and Chief Budget Officer as of July 1, 2023
Valerie brings seven years of valuable experience within UBC Okanagan, along with a significant tenure in various other organizations, which she will leverage to enhance our finance team.
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UBC Investment Management releases 2022-23 Performance Results
UBC Investment Management is pleased to release FY22-23 performance highlights on behalf of the funds the firm manages: the UBC Main Endowment Pool and the UBC Staff Pension Plan (SPP). All results as of March 31, 2023.
People of the VPFO
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Mandy Li to step into the role of Interim Manager of Financial Analysis within the Financial Reporting team
We are excited to announce that Mandy Li (Senior Financial Analyst) will be stepping into the role of Interim Manager of Financial Analysis within the Financial Reporting Team.
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Jeev Saini appointed as new Head of Mechanical Operations in Building Operations
Jeev Saini has been appointed as the new Head of Mechanical Operations in Building Operations, effective February 3. We are excited to see Jeev step into this key role and provide continued dedicated support to our Mechanical Operations team.
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Michelle Yuen joins the Project Accounting team within Comptroller as a Financial Analyst
Michelle Yuen has joined the Project Accounting team within Comptroller as a Financial Analyst on January 27. She comes to us with a wealth of experience in regulatory reporting and analysis, most recently having worked with the Royal Bank of…
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Charles Creelman is promoted to Electrical Technical Specialist in Facilities’ Building Operations
Charles Creelman has been promoted to Electrical Technical Specialist (ETS) in Facilities’ Building Operations and will be starting in his new role on Monday, January 27. Join us in congratulating Charles on his well-deserved promotion!
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Leena Mahasen joins VPFO as Executive Director, Transformation and Strategy
Leena Mahasen will be joining as an Executive Director, Transformation and Strategy in the VP Finance & Operations on Monday, February 10. Reporting to the VP Finance & Operations, Leena’s expertise and leadership will play a key role in driving…