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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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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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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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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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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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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Rebecca Way joins UBCO Financial Operations as Procurement Manager
In her new role, Rebecca will be responsible for leading the local procurement team in the delivery of procurement services to the Okanagan campus, as well as actively engaging the campus community to increase understanding of procurement policies and workflows,…
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Lori Takenaka promoted to Safety Advisor, Facilities in Safety & Risk Services
In her new role as Safety Advisor, Facilities, Lori will lead a team of health and safety specialists and will continue to support UBC Facilities in the development and implementation of their health and safety programs.
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Teela Narsih promoted to Advisor, Safety Program Management & Systems in Safety & Risk Services
Teela began her career at UBC in 2015 where she has been an Occupational and Research Safety Associate with a focus on the development and implementation of the university’s safety program. Over the last 6 years, she has been instrumental…
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David Rowswell joins Facilities Information and Inventory Systems as Programmer Analyst in Infrastructure Development
David has worked in multiple roles at UBC. He is joining us on secondment from ITSC (Service Center) where he worked as part of our IT support team. After graduating from UBC with a Bachelor’s degree in Computer Science in…
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Florante Navarro promoted to Sub-Head, Stores in Municipals Services
Florante brings a wealth of knowledge and experience that will help him transition into his new role as a Sub-Head and contribute to the team in a leadership capacity. He has worked with the Stores team for the past 3…