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

  • Update on UBC’s budget for the 2023/24 fiscal year

    UBC’s Board of Governors has approved the 2023/2024 budget, setting out the university’s spending priorities for the year ahead. Thank you to all those who helped create this report. Read UBC’s 2023/24 Budget Report on the UBC Finance website.

    Read more: Update on UBC’s budget for the 2023/24 fiscal year
  • UBC launches Agency Fund Guidelines (FD950)

    The Agency Fund Guidelines have been developed to provide the UBC finance community clarity on the requirements for the appropriate usage of the Agency Fund (FD950).

    Read more: UBC launches Agency Fund Guidelines (FD950)
  • UBC launches fifth year of the UniForum program

    This year we are launching year 5 of the program, and from May 29 to June 30 we will be collecting data relating to all professional staff at UBC, to better understand the types of activities they perform on a…

    Read more: UBC launches fifth year of the UniForum program
  • Update: Purchases under $3,500

    Learn more about the three options available for faculties, departments and units for purchases of goods and/or services up to $3,500 Canadian Dollars in value inclusive of taxes per person.

    Read more: Update: Purchases under $3,500
  • VPFO Monday Update – April 11, 2023

    The VPFO Update is a weekly snapshot that captures important university updates, work across VPFO departments, and relevant resources. Sent on April 11, 2023.

    Read more: VPFO Monday Update – April 11, 2023

People of the VPFO

  • Rae Ann Aldridge appointed as Executive Director, Safety & Risk Services

    In her new role, Rae Ann will be charged with working across campus to enhance UBC’s safety and security. She will be responsible for leading Safety & Risk Services, a new department which is the result of a merger between…

    Read more: Rae Ann Aldridge appointed as Executive Director, Safety & Risk Services
  • Living and Breathing Service: Recognizing the People of the VPFO

    VPFO strategic plan asks us to inspire great people. There’s nothing more inspiring than our Presidential Award-winning co-workers and how their dedication and service makes a daily difference at UBC.

    Read more: Living and Breathing Service: Recognizing the People of the VPFO
  • Dawn Jia Announced as President and CEO of UBC IMANT

    In her role, Dawn will be responsible for the overall investment management of UBC IMANT’s portfolios, including the selection and oversight of institutional investment fund managers, and ensuring that UBC IMANT’s strategic and operating objectives are achieved.

    Read more: Dawn Jia Announced as President and CEO of UBC IMANT