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.

Learn about the VPFO Strategic Plan

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.

    Read more: UBC’s 5-Year Capital Plan approved by UBC Board of Governors

  • 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.

    Read more: Bold new plans unveiled for UBCO Downtown

  • 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

    Read more: Announcing the search for a new Vice-President, Finance & Operations

  • 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…

    Read more: Increase in CRA Prescribed Interest Rate effective July 1, 2022

  • 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…

    Read more: New contracts available for Executive Search and Recruitment

People of the VPFO