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
-
UBC’s 5-Year Capital Plan approved by UBC Board of Governors
UBC’s 5-Year Capital Plan was recently endorsed in the Board Committee meeting, in advance of submission to the province in July. A number of projects also received approval in the Board Committee meeting on June 29, 2022.
-
Bold new plans unveiled for UBCO Downtown
Recently published photos and a video show how UBCO Downtown will weave excellence in research and teaching into the cultural, economic and social fabric of Kelowna’s downtown core.
-
Announcing the search for a new Vice-President, Finance & Operations
President Santa Ono has launched a search for a new Vice-President, Finance & Operations, and is seeking your views on the qualities you’d like to see in this appointment
-
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…
-
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…
People of the VPFO
-
Tony Ho joins the Procurement Services team within Finance & Integrated Services as temporary Buyer
In his new role, Tony will support UBC IT, VP Academic, and VP Research & Innovation primarily on their procurement needs under $75,000. Tony brings an impressive wealth of experience to our team, having worked in procurement for over a…
-
Jacqui Sloan joins the VPFO as Executive Assistant & Project Coordinator with VPFO Human Resources and Treasury
Jacqui comes to UBC from Early Childhood Educators of BC, where she supported the executive director and project manager in providing professional development opportunities, training, and resources for early childhood educators across the province.
-
Larisa Rohana joins EMMS Sustainment team in Facilities’ Customer Services & Informatics as a System Analyst II
As a System Analyst, Larisa will be working closely with the Facilities team on all items related to Planon, which includes responding to ServiceNow tickets, reviewing/addressing backlog items, and ensuring various technical activities are successfully completed in Planon.
-
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.
-
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.