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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Increase in CRA Prescribed Interest Rate effective July 1, 2022
The CRA Prescribed Interest Rate will increase to 2% effective July 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 under…
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New contracts available for Executive Search and Recruitment
The agreements for procurement of Executive Level Search and Recruitment Services with these approved providers will ensure simplified procurement process, access to a prequalified vendor pool of experienced and highly recognized executive search firms in BC, best value, and commitment…
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Changes to UBC Service Levy
The UBC services levy is used to run the community centres, athletic and cultural facilities, and to maintain public spaces and infrastructure within UBC neighbourhoods. The Services Levy Notices issued in 2022 will be due on August 8, 2022. Read…
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Vancouver will continue to see warmer than average temperatures
Environment Canada has issued a heat warning for Metro Vancouver for the rest of today June 27, 2022 with inland temperatures reaching 34 degrees. Given the current high temperatures, we wanted to provide some resources and information to help you…
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Driving safely on campus
Driving safely on and around UBC campuses is essential. To help, we have put together some basic safety guidelines to ensure a safe campus, and remember, the pedestrian always has the right of way.
People of the VPFO
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Clayton Mullen joins Facilities as Senior Manager of Thermal Utilities in Energy & Water Services
As Senior Manager of Thermal Utilities, Clayton will bring thermal utility managerial and operational experience. He will be leading the Thermal Utilities team to improve practices and processes.
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Jonathan Weinberg promoted to Project Coordinator in Infrastructure Development, Facilities
Jonathan joined UBC in September 2019 working as a project carpenter in Building Operations. He participated in continuing education by volunteering for the Expression of Interest Program (EOI) program back in 2020, and since then has supported the crew as…
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Leadership change within the Vice-President, Finance and Operations portfolio
Peter Smailes, Vice-President, Finance and Operations, is leaving UBC to take up a new opportunity at Kwantlen Polytechnic University as their Vice-President, Administration.
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Eve Neesham-Grenon joins Safety & Risk Services as Biological & Radiation Safety Associate
Research Compliance & Occupational Hygiene with Occupational Health & Safety welcomes Eve Neesham-Grenon to the team as the Safety Associate focused primarily on the Biological & Radiation Safety Programs. Eve brings a fantastic mix of laboratory and hygiene experience to…
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Nick Steel promoted to Senior Advisor, Faculty of Medicine in Safety & Risk Services
In his new role as Senior Advisor, Faculty of Medicine within the Occupational Health & Safety, Nick will lead a team to continue to develop, promote and implement the occupational health and safety program for the Faculty of Medicine.