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: Facilities completing the annual Confined Space Rescue Team exercises
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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Read more: UBC receives the NAFA Clean Air Awards
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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Read more: Migrating to TouchNet, the new digital payment solution at UBC
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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Read more: Increase in CRA Prescribed Interest Rate effective Oct 1, 2022
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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Read more: Pilot project to increase compliance with UBC required training
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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Read more: Dawn Jia Announced as President and CEO of UBC IMANT
Dawn Jia Announced as President and CEO of UBC IMANT
In her role, Dawn will be responsible for the overall investment management of UBC IMANT’s portfolios, including the selection and oversight of institutional investment fund managers, and ensuring that UBC IMANT’s strategic and operating objectives are achieved.