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
-
Do you know the signs and symptoms of heat stress?
Get ready for rising temperatures, and learn how to identify signs and symptoms, the risks related to heat-related illnesses and how to protect yourself by completing the Heat Stress Awareness course on the WPL website. When a worker is hot…
-
Allan McGavin Sports Medicine Clinic closing University Services Building location
The Allan McGavin Sports Medicine Clinic located within the Centre for Occupational Health, Safety and Wellbeing at USB will be phasing out their services for the location. As of June 30, 2025, physiotherapy services will be relocating to the nearby…
-
Understand your safety role at UBC, whether you’re a student, faculty, staff, or volunteer
All members of the UBC community have a role to play in supporting the University’s Safety Accountability structure. Whether you are supervising others, conducting research, providing services, or participating in academic activities, understanding your responsibilities are essential to maintaining a…
-
Joining the conversation at VPFO Day
On May 12, 2025, the VPFO portfolio came together to explore how our values of innovation, unity, and accountability, empower us to shape the future of our portfolio and support UBC. Relive the moments from VPFO Day through our event recordings…
-
Are you earthquake ready? Join a free workshop for UBC Faculty and staff on June 13
In Vancouver, we are at risk of significant emergencies, including large earthquakes. Join a free personal emergency preparedness workshop designed for UBC Faculty and staff on June 13, 12:00–1:30 pm (online).
People of the VPFO
-
Esther Li promoted to Senior Financial Processing Specialist in Treasury
Reporting to Chen Shi, Treasury Accounting Manager, Esther will continue to be responsible for the incoming payments while playing a critical role in more complicated bank reconciliations and other banking side responsibilities.
-
Creating inclusive spaces beyond the public realm
Jen Sheel takes pride in what her team does… and it shows. When you meet Jen, one of the first things you see is her dedication to making UBC a place that invites and builds connections. She fiercely believes that…
-
Josephine Shen joins the Financial Planning and Analysis (FP&A) team as a Financial Analyst
In her new role, Josephine will play a key role in developing the Strategic Initiatives’ multi-year forecasting model and maintaining various financial models (i.e. Contingency and PAEI) at UBC.
-
Celebrating UBC VPFO’s long-serving member inductees in 2022
The VPFO team has a number of long service member inductees this year. This is an amazing personal accomplishment for the individuals and a true testament to their devotion to service at UBC.
-
Holly Shepherd promoted to Director, Treasury
Holly Shepherd has been promoted to Director, Treasury with overall responsibility for overseeing tax, contracts, leases & licences, housing loans, payment card industry compliance, service levy and Treasury Accounting.