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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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…
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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…
People of the VPFO
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Winston Feliciano promoted to Sub-Head Stores Operator in Building Operations
Winston Feliciano is the successful applicant for the new Sub-Head position in Municipal Services’ Stores. Many of you will know Winston as he has worked with the Stores team for 4 years as a Stores Operator at the front counter.
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Steven Bao Joins UBC as Finance Director, Special Projects
Starting January 11th Steven will be working with the Karamjeet Heer in the Comptroller’s portfolio, with a focus on financial reporting matters.
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Stanley Lau joins UBC as Manager, Payroll Operations and Control
Starting January 11, Stanley will be responsible for the day-to-day operations of the payroll and benefits team, and lead the area in providing exceptional payroll services to the campus community.
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Robin Shortt & Ingrid Lindner joins the EMMS Sustainment team in Building Operations
We are happy to announce that we have now filled two additional positions on the EMMS Sustainment team — Business Analyst and Systems Analyst. Robin Shortt will take on the Business Analyst role for the EMMS Sustainment team, and Ingrid…
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Tarkan Serim joins Building Operations as team lead for the EMMS Sustainment Team
Tarkan will be leading the Enterprise Maintenance Management System (EMMS) Sustainment Team and will be responsible for EMMS issues resolution, back log management, product management, vendor release management, and will be a key member of the EMMS Steering Committee. This…