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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Adam Rosenthal promoted as the Head in Stores with Building Operations
Adam has been an acting Head on many occasions in Stores, and has demonstrated he has the qualities required to be successful in this new role. As a Sub-head, Adam has developed strong relationships, and provided leadership and technical oversight…
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Caroline Macleod, Executive Secretary for Energy & Water Services
Caroline brings a wealth of experience to this position, and has been instrumental in supporting the department in transitioning to the new Workday and Planon enterprise systems.
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Jay Hiscox appointed Director, Project Services with Infrastructure Development
Jay has been part of the Infrastructure Development family since joining UBC in November 2016. He joined Project Services as Senior Project Manager, and was later promoted to Senior Manager and then Associate Director.
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Erin Kastner, a sustainability champion for twenty years
To celebrate the 20th anniversary of the Sustainability Coordinator program, Campus & Community Planning spoke to Erin Kastner, Geospatial Information Manager with Energy & Water Services, on her commitment to sustainability at UBC.
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Philip Beck promoted as new Head in Soft Landscape, Municipal Services with Building Operations
Philip Beck is the successful candidate for the new Soft Landscape head position that was introduced to support Chris Longford, head of the Soft Landscape team. Chris and Phil will work closely together to manage a growing team of over…