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

  • Kayna Merchant joins UBC as Facilities Architectural Manager with Building Operations

    In this new role, Kayna will be working closely with the Architectural Trades Team to gain a fulsome understanding of architectural maintenance considerations to provide a better balance of the diverse needs of multiple stakeholders within UBC.

    Read more: Kayna Merchant joins UBC as Facilities Architectural Manager with Building Operations
  • Holly Shepherd joins UBC as Tax Manager

    Holly is joining the Treasury group as the university’s new Tax Manager, supporting the community with advising for tax-related matters, as well as general oversight of UBC’s tax strategies.

    Read more: Holly Shepherd joins UBC as Tax Manager
  • Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis

    A UBC Alumna, Sarah will partner with departments across the university to assist and monitor the main drivers of revenue and expenses at UBC. She will also develop and evaluate strategic options and alternatives on financial decisions that impact the university,…

    Read more: Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis
  • Aaron Mogerman appointed Director, Infrastructure Development in UBC Okanagan

    Aaron will head up the new department as the first Director for UBC Okanagan’s Infrastructure Development. He has been an important part of the Infrastructure Development team in Vancouver for a long time and will bring his solid project management…

    Read more: Aaron Mogerman appointed Director, Infrastructure Development in UBC Okanagan
  • Hoi Ying Yu joins Building Operations as Contract Manager

    Hoi will be responsible for managing Building Operations’ service contracts and oversee internal revenue generating contracts. She will be working closely with the trades, project coordinators, and managers to ensure Building Operations’ Preventative Maintenance and Service contracts continue providing value to…

    Read more: Hoi Ying Yu joins Building Operations as Contract Manager