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’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…
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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…
People of the VPFO
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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,…
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Sarah Goold appointed as Director, Long-Term Financial Modelling & Planning
Sarah Goold has been appointed Director, Long-Term Financial Modelling & Planning and will oversee the Long-Term Financial Modelling & Planning team going forward.
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Lindsay Wyant transitions to the Financial Reporting team as the Interim Director, Financial Reporting
We are pleased to announce that Lindsay Wyant, Finance Manager, Capital Financial Reporting, will be transitioning to the Financial Reporting Team as the Interim Director, Financial Reporting.
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Mandy Li to step into the role of Interim Manager of Financial Analysis within the Financial Reporting team
We are excited to announce that Mandy Li (Senior Financial Analyst) will be stepping into the role of Interim Manager of Financial Analysis within the Financial Reporting Team.
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Jeev Saini appointed as new Head of Mechanical Operations in Building Operations
Jeev Saini has been appointed as the new Head of Mechanical Operations in Building Operations, effective February 3. We are excited to see Jeev step into this key role and provide continued dedicated support to our Mechanical Operations team.