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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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…
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Pilot project to increase compliance with UBC required training
Safety & Risk Services within VP Finance & Operations (VPFO) in collaboration with VP Human Resources (VPHR), and UBC Information Technology (UBC IT) are launching a pilot project in VPHR and VPFO to increase compliance with required training, as mandated…
People of the VPFO
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Kayna Merchant joins UBC as Facilities Architectural Manager with Building Operations
In this new role, Kayna will be working closely with the Architectural Trades Team to gain a fulsome understanding of architectural maintenance considerations to provide a better balance of the diverse needs of multiple stakeholders within UBC.
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Holly Shepherd joins UBC as Tax Manager
Holly is joining the Treasury group as the university’s new Tax Manager, supporting the community with advising for tax-related matters, as well as general oversight of UBC’s tax strategies.
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Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis
A UBC Alumna, Sarah will partner with departments across the university to assist and monitor the main drivers of revenue and expenses at UBC. She will also develop and evaluate strategic options and alternatives on financial decisions that impact the university,…
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Aaron Mogerman appointed Director, Infrastructure Development in UBC Okanagan
Aaron will head up the new department as the first Director for UBC Okanagan’s Infrastructure Development. He has been an important part of the Infrastructure Development team in Vancouver for a long time and will bring his solid project management…
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Hoi Ying Yu joins Building Operations as Contract Manager
Hoi will be responsible for managing Building Operations’ service contracts and oversee internal revenue generating contracts. She will be working closely with the trades, project coordinators, and managers to ensure Building Operations’ Preventative Maintenance and Service contracts continue providing value to…