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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Ready Week 2022: Increasing emergency preparedness for the new school year
As the university welcomed students back on campus for the fall term last week, Safety & Risk Services’ Emergency Management team set up a booth and Quake Cottage, an earthquake simulator to help elevate our campus community’s resilience, emergency awareness…
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Protecting yourself from wildfire smoke
Lower Mainland continues to see poor air quality values as a result of the thick wildfire smoke in BC. Find resources about air quality health and safety awareness and the best ways to protect yourself.
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Generator load bank testing schedule
The regulatory Annual Load Bank Emergency Generator tests will take place in buildings across campus starting on September 12, 2022, until November 1, 2022.
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Thank you from Vice-President, Finance, Karamjeet Heer
A short while ago, the President’s Office sent a Bulletin to the university announcing some changes in the VPFO’s senior leadership team. I have accepted a new position with Simon Fraser University (SFU) as their Associate Vice-President, Finance and my…
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Leadership change within the Vice-President, Finance and Operations, portfolio
Karamjeet Heer will be leaving UBC to take up a new role at Simon Fraser University. She joined the university in 2019 as Comptroller and was more recently appointed as interim Vice-President, Finance. As of Nov. 1, Yale Loh will…
People of the VPFO
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Welcoming Maggie Ivanova as UBC’s New Chief Enterprise Risk & Assurance Officer
Maggie Ivanova will begin her role as UBC’s new Chief Enterprise Risk and Assurance Officer on April 7. She will provide strategic leadership to the university’s Internal Assurance and Enterprise Risk Management functions and will report jointly to the Vice-President,…
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Sarah Goold appointed as Director, Long-Term Financial Modelling & Planning
Sarah Goold has been appointed Director, Long-Term Financial Modelling & Planning and will oversee the Long-Term Financial Modelling & Planning team going forward.
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Lindsay Wyant transitions to the Financial Reporting team as the Interim Director, Financial Reporting
We are pleased to announce that Lindsay Wyant, Finance Manager, Capital Financial Reporting, will be transitioning to the Financial Reporting Team as the Interim Director, Financial Reporting.
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Mandy Li to step into the role of Interim Manager of Financial Analysis within the Financial Reporting team
We are excited to announce that Mandy Li (Senior Financial Analyst) will be stepping into the role of Interim Manager of Financial Analysis within the Financial Reporting Team.
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Jeev Saini appointed as new Head of Mechanical Operations in Building Operations
Jeev Saini has been appointed as the new Head of Mechanical Operations in Building Operations, effective February 3. We are excited to see Jeev step into this key role and provide continued dedicated support to our Mechanical Operations team.