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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Review UBC’s Updated Business Expense Rules for Faculty and Staff
Most employees at UBC will need to use university funds to conduct university business at some time. UBC’s Business Expense Rules form the framework for incurring and reimbursing these expenses and help ensure we all use public funds reasonably, appropriately,…
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UBC’s budget for 2022/23 provides more support for students, strengthens the university’s impact, and advances academic mission
The University of British Columbia (UBC) Board of Governors has approved UBC’s 2022/2023 budget. The new budget sets spending priorities for the year ahead to advance the university’s key strategic priorities while supporting students, faculty, and staff in their collective…
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Responding to on-campus protests disruptions
If a demonstration or protests is blocking access to your building or interrupting classes, we advise that you report the incident to Campus Security at 604-822-2222, and look for another location to enter and/or exit the building if safe to…
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Nick Steel promoted to Senior Advisor, Faculty of Medicine in Safety & Risk Services
In his new role as Senior Advisor, Faculty of Medicine within the Occupational Health & Safety, Nick will lead a team to continue to develop, promote and implement the occupational health and safety program for the Faculty of Medicine.
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Enhancing UBC’s Financial Budgeting, Forecasting and Analysis Support
The Comptroller’s Budget Office team has seen increasing demand for complex future-facing financial analysis, expanded budget and forecasting support, and the integration of new technologies such as Workday. To better respond to these needs, the Budget Office team is reforming…
People of the VPFO
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Bill Liu promoted to Procurement Officer in UBC Financial Operations
In his new role, Bill will play a key role in leading and completing RFx processes for purchases above $75K. The role is integral to the success of the Procurement Sourcing team by ensuring best procurement practices are being followed.
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Raymond Lum promoted to Subhead Metal Worker in Building Operations
Raymond has been in the metal shop at UBC for seven years and has a wealth of knowledge and experience in layout, fabricating, assembling, welding and installation. He was a participant in the Expression of Interest (EOI) program and is…
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Aligning enhanced safety and reducing risk for the university
In alignment with the VPFO and SRS strategic plan, Safety & Risk Services (SRS) is moving to the next step that builds on our strengths and opportunities to continue to align around enhanced safety and reduced risk for faculty, staff,…
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Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors
Cassandra Torres (she, her, hers) and Evan Lloyd join the Emergency Management team in Safety & Risk Services as Emergency Management & Continuity Planning Advisors. Their education and backgrounds in emergency response will be great assets to the team.
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Siu Tse will be Acting Managing Director, Energy & Water Services
Today is David Woodson’s last day at UBC as Managing Director, Energy & Water Services after 23½ years of outstanding service and many great memories. I am pleased to announce that Siu Tse will be Acting Managing Director, Energy & Water Services while we…