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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VPFO Pink Shirt Day 2022
On Feb 23rd 2022, Peter Smailes addressed the VPFO as part of our annual Pink Shirt Day event. Click though for a transcript of his speech to the team.
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Inside the new UBC Arts Student Centre
In November 2021, UBC Arts Student Centre officially opened its doors. The three-storey, cylindrical building located on East Mall and Walter Gage Road will be a common meeting ground for Arts students to interact across disciplines, with spaces to relax…
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T4/T4A Tax Slips and T2200s Forms Will Soon Be Available for Faculty and Staff
T4/T4A tax slips and T2200S forms will be made available for faculty and staff through the Workday system next week. In the meantime, UBC Finance has created some resources to answer any questions the community may have about their tax…
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Heat recovery chiller and coils successfully commissioned
The new heat recovery chiller in Chemistry D Block would be capable of providing its forecasted 5000GJ in annual thermal energy savings, saving the university almost $50,000 per year. Chemistry E Block is on track for their predicted energy savings…
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New Biomass Boiler going through commissioning at the BRDF
The new UBC biomass boiler is going through its commissioning tests at the Bioenergy Research Demonstration Facility (BRDF). As the new boiler’s combustion is fine-tuned, you may notice some grey smoke, accompanied by a campfire scent, from the BRDF on occasion.
People of the VPFO
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Larisa Rohana joins EMMS Sustainment team in Facilities’ Customer Services & Informatics as a System Analyst II
As a System Analyst, Larisa will be working closely with the Facilities team on all items related to Planon, which includes responding to ServiceNow tickets, reviewing/addressing backlog items, and ensuring various technical activities are successfully completed in Planon.
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Michaela Kelly joins as Executive Assistant supporting Executive Director, UBC Safety & Risk Services
Michaela comes to UBC from the public relations agency Hill+Knowlton Strategies (H+K), where she provided strategic and integrated communications support to some of Canada’s leading brands across a wide range of sectors.
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Valerie Nichol appointed UBCO’s Director of Integrated Planning and Chief Budget Officer as of July 1, 2023
Valerie brings seven years of valuable experience within UBC Okanagan, along with a significant tenure in various other organizations, which she will leverage to enhance our finance team.
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Samuel Akindele joins Facilities’ Municipal Services as Trades 3 Mechanic
Samuel has over 15 years of experience as Heavy Duty Mechanic. He joins UBC most recently from BC Ferries where he worked as Marine Engine Mechanic, and was responsible for Engine Overhauling, Rad Drives, and Pumps.
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Forecasting for a solid future
Raffaela works with her team to ensure a sound financial position for UBC for generations to come. Read more about what it’s like working in a team as diverse as Treasury, what respect means to her professionally, and how she…