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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Crystal Liu joins UBC Facilities as a Buyer for Project Services
Crystal Liu is joining the sourcing team as a Buyer for Project Services on January 8. Before UBC, she was a Procurement Advisor and Supply Chain Planner at Suncor for 13 years.
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John Ede joins UBC Facilities’ Municipal Services as Contract Manager
John will be joining UBC Facilities on January 13. He holds a Bachelor of Applied Science in Chemical Engineering, a Master of Public Policy and Global Affairs, and is a Certified Supply Chain Professional.
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Brad Klaiber joins the Office of the Comptroller as Senior Director, Accounting and Compliance
We are pleased to welcome Brad Klaiber as the new Senior Director, Accounting and Compliance, joining the Office of the Comptroller on January 6, 2025. Reporting to the Comptroller, Brad will be entrusted with providing leadership to the Finance Reporting…
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Sabrina Lin joins VPFO as Executive Assistant to the VPFO HR Director and Treasurer
Sabrina Lin joins the VPFO Admin team as an Executive Assistant to the VPFO HR Director and Treasurer. Sabrina brings a wealth of experience in project management, event coordination and client service.
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Saad Ibrahim joins UBC Facilities’ Energy & Water Services as Civil Engineer
As of December 2, Saad Ibrahim has joined Energy & Water Services. He joins us from the City of Brantford, Ontario, where he worked as a Design Engineer and Project Manager overseeing capital projects in roads, water, and wastewater. Learn…