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

  • 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
  • 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…

    Read more: Changes to UBC Service Levy
  • 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…

    Read more: Vancouver will continue to see warmer than average temperatures

People of the VPFO

  • Nicholas Potovsky joins Infrastructure Development as the Accessible Buildings Planner

    Co-created with the UBC Centre for Accessibility, this newly created role will help UBC develop accessibility design guidelines for new and existing campus buildings. Nicholas is a registered architect with over 10 years of experience in the design of new…

    Read more: Nicholas Potovsky joins Infrastructure Development as the Accessible Buildings Planner
  • David Sequeira joins Custodial Services as Assistant Supervisor

    In his new role, David will oversee the dayshift Custodial Services team and will work out of the Life Building. David comes to us from the Office of the Dean at the Faculty of Education with responsibility for Faculty-wide health…

    Read more: David Sequeira joins Custodial Services as Assistant Supervisor
  • Fabiola Ruiz-Aguilar joins Safety & Risk Services as Safety Advisor, Scientific Diving

    In her new role as Dive Safety Officer, Fabiola is responsible for developing, strengthening and growing the Scientific Diving program in compliance with WorkSafe BC, Canadian Association for Underwater Science (CAUS) and CSA Ocean Sciences — after all the earth…

    Read more: Fabiola Ruiz-Aguilar joins Safety & Risk Services as Safety Advisor, Scientific Diving
  • VPFO HR team update

    Daisy Chan will be going on Maternity leave starting March 2023. During her leave, Kasia Burza will be temporarily promoted to an HR Advisor until September 2024, supporting AVPFO and Treasury. Alysa Garza will be joining as an HR Coordinator…

    Read more: VPFO HR team update
  • Silvia Magnano joins Treasury as Manager, Treasury Contracts & Real Estate

    Silvia comes to us directly from the UBC University-Industry Liaison Office (UILO) where she was a Contracts Officer. Silvia brings both business and legal background to her new role. She was trained and certified as a lawyer in Argentina, where…

    Read more: Silvia Magnano joins Treasury as Manager, Treasury Contracts & Real Estate