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: Continuing as one VPFO under Karamjeet Heer and John Metras’ leadership
Continuing as one VPFO under Karamjeet Heer and John Metras’ leadership
Starting June 1, Karamjeet Heer will begin serving as the Interim Vice-President, Finance, and John Metras will become the Interim Vice-President, Operations following the departure of Peter Smailes, former Vice-President, Finance and Operations.
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Read more: May 26 VPFO Town Hall Presentation and Slides
May 26 VPFO Town Hall Presentation and Slides
In this VPFO town hall, we reviewed the leadership transition plan, looked back on our accomplishments, and learned about our strategic plan together as one portfolio. The town hall recording and presentation slides are now available.
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Read more: Preparing for transition in the VPFO
Preparing for transition in the VPFO
The hand off starts now. Starting on June 1, Karamjeet Heer will be serving as the Interim Vice-President, Finance, and John Metras will be the Interim Vice-President, Operations.
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Read more: tə šxʷhəleləm̓s tə k̓ʷaƛ̓kʷəʔaʔɬ is now occupied
tə šxʷhəleləm̓s tə k̓ʷaƛ̓kʷəʔaʔɬ is now occupied
Located adjacent to and infilling around the Walter Gage Residence, the student residence project tə šxʷhəleləm̓s tə k̓ʷaƛ̓kʷəʔaʔɬ will provide a total of 940 housing beds for upper-year students.
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Read more: The C.D. Howe Institute ranks UBC first in both climate change & endowment activities and their governance
The C.D. Howe Institute ranks UBC first in both climate change & endowment activities and their governance
Independent non-profit research institute The C.D. Howe Institute ranked UBC first in Climate Change and Endowment Activities with an overall score of 4.2. UBC also placed first in Climate-change Governance practices, scoring 4.9 out of 5.0.
People of the VPFO
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Read more: Michaela Kelly joins as Executive Assistant supporting Executive Director, UBC Safety & Risk Services
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 more: Valerie Nichol appointed UBCO’s Director of Integrated Planning and Chief Budget Officer as of July 1, 2023
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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Read more: Samuel Akindele joins Facilities’ Municipal Services as Trades 3 Mechanic
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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Read more: Forecasting for a solid future
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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Read more: Bringing teams together over good food and good laughs
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…