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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Michelle Yuen joins the Project Accounting team within Comptroller as a Financial Analyst
Michelle Yuen has joined the Project Accounting team within Comptroller as a Financial Analyst on January 27. She comes to us with a wealth of experience in regulatory reporting and analysis, most recently having worked with the Royal Bank of…
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Charles Creelman is promoted to Electrical Technical Specialist in Facilities’ Building Operations
Charles Creelman has been promoted to Electrical Technical Specialist (ETS) in Facilities’ Building Operations and will be starting in his new role on Monday, January 27. Join us in congratulating Charles on his well-deserved promotion!
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Leena Mahasen joins VPFO as Executive Director, Transformation and Strategy
Leena Mahasen will be joining as an Executive Director, Transformation and Strategy in the VP Finance & Operations on Monday, February 10. Reporting to the VP Finance & Operations, Leena’s expertise and leadership will play a key role in driving…
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Crystal Liu joins UBC Facilities as a Buyer for Project Services
Crystal Liu is joining the sourcing team as a Buyer for Project Services on January 8. Before UBC, she was a Procurement Advisor and Supply Chain Planner at Suncor for 13 years.
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John Ede joins UBC Facilities’ Municipal Services as Contract Manager
John will be joining UBC Facilities on January 13. He holds a Bachelor of Applied Science in Chemical Engineering, a Master of Public Policy and Global Affairs, and is a Certified Supply Chain Professional.