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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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…
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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…
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Changes to UBC Service Levy
The UBC services levy is used to run the community centres, athletic and cultural facilities, and to maintain public spaces and infrastructure within UBC neighbourhoods. The Services Levy Notices issued in 2022 will be due on August 8, 2022. Read…
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Vancouver will continue to see warmer than average temperatures
Environment Canada has issued a heat warning for Metro Vancouver for the rest of today June 27, 2022 with inland temperatures reaching 34 degrees. Given the current high temperatures, we wanted to provide some resources and information to help you…
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Driving safely on campus
Driving safely on and around UBC campuses is essential. To help, we have put together some basic safety guidelines to ensure a safe campus, and remember, the pedestrian always has the right of way.
People of the VPFO
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Helga Pereira joins Finance & Integrated Services as ISC Service Desk Manager
Helga joins the Integrated Service Centre (ISC) Service Desk team and will work alongside co-managers, Divya Shetty and Jimmy Gau, as well as Senior Manager, Veekay Padhi.
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Morteza Asadi appointed as Custodial Manager – Evenings
Custodial Services is excited to welcome Morteza Asadi as Custodial Manager – Evenings to complete the leadership structure on this rotation, effective April 14.
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Welcoming Karen Zygun as the new VPFO Director of Human Resources
Karen Zygun will be joining UBC as the new Director of Human Resources for the VPFO. Karen will be a key leader in renewing the VPFO’s HR team and strategy, developing a strategy to build a stronger values-centered culture, and…
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Angela Huang joins the Office of the Comptroller as Senior Director of Financial Business Intelligence
We are pleased to announce that Angela Huang has joined the Office of the Comptroller as our new Senior Director of Financial Business Intelligence, effective March 3, 2025.
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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,…