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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UBC Facilities working with UBC student team to build a net zero carbon student space on campus
UBC Facilities is working with the UBC student team to start construction of a new student space on campus that redefines sustainable design, and aims to build a net-zero student space on campus.
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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.
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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.
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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
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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…
People of the VPFO
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2022 Facilities Staff Excellence Award winners
The UBC Facilities Staff Excellence Award Program provides recognition and rewards to staff who have demonstrated excellence consistently in the performance of their work and service to the university. This year, Facilities received over 60 nominations. Congratulations to our 2022…
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Congratulations to our successful CFE writers for 2022
Please join UBC Finance in congratulating Wesam Mostadi, Accounts Payable Team Lead in the VP Finance & Operations, and Anas Qartoumeh, Finance Manager in VP Research and Innovation (VPRI) Portfolio in UBC Okanagan on passing their 2022 Common Final Exam…
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Sam Stephens transitions into permanent role as Director, Campus Security in Safety & Risk Services
Sam has been a driving force in finding opportunities to build a stronger foundation for our Campus Security teams. His extensive experience in leading projects and teams within Compliance, Security, and Risk Management roles in the public sector will make…
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Strengthening Municipal Services’ Asset and Fleet Management Services within Facilities
In order to enhance their technical expertise in civil engineering, asset stewardship and fleet management, UBC Facilities’ Municipal Services is pleased to welcome two new team members, Fiona Keating, Senior Manager, and Rishi Purohit, Fleet and Asset Manager.
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Making accountability personal
Thomas Straley — with 20 years of experience in Accounts Payable — is one of the lucky people who find their dream job early and build an endlessly rewarding career.