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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UBC’s Financial Results for 2021/2022
Our audited financial statements for fiscal year 2021/2022 have been approved by UBC’s Board of Governors and are now available to review on the UBC Finance website.
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Heat warning this week for Metro Vancouver
A heat warning has been issued this week for Metro Vancouver — make plans for you and your loved ones to stay cool during the day. Cooling centres and temporary water features are open on the UBC Vancouver campus.
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Third Space—Solar Decathlon project
UBC Facilities is working together with UBC’s award-winning Third Quadrant Design—a team of more than 60 students in engineering, architecture, business, and arts to help plan and manage a new student space on campus that redefines sustainable design. Learn more…
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Our New Treasury Offices: Piloting Design and Technology to Support Hybrid Work across the VPFO
After years of hard work and planning by the Treasury team and UBC Facilities’ Infrastructure Development team, Treasury’s existing office space in the Old Administration Building has been renovated to become the home base for the entire Treasury team.
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Safety & Risk Services’ Emergency Management hosted Rapid Damage Assessment Drill
On June 16, 2022, Safety & Risk Services’ Emergency Management held a drill for UBC staff who had completed BC Housing’s Rapid Damage Assessment (RDA) and Coordination of Damage Assessment (CDA) training, in partnership with partners at BC Housing.
People of 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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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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Samuel Akindele joins Facilities’ Municipal Services as Trades 3 Mechanic
Samuel has over 15 years of experience as Heavy Duty Mechanic. He joins UBC most recently from BC Ferries where he worked as Marine Engine Mechanic, and was responsible for Engine Overhauling, Rad Drives, and Pumps.
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Forecasting for a solid future
Raffaela works with her team to ensure a sound financial position for UBC for generations to come. Read more about what it’s like working in a team as diverse as Treasury, what respect means to her professionally, and how she…
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Bringing teams together over good food and good laughs
“Food brings people together,” explains Bryan Antenor, Customer Support Manager in Financial Operations. “Connecting over potlucks, having a few good laughs and participating in highly competitive Mario Kart Switch tournaments are just some of the simple yet effective ways we…