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

  • Selina Liu Joins Energy & Water Services as Energy Conservation Engineer

    She joins us from BCIT as the Energy Manager, where she managed a team of engineers and BMS technicians to implement robust process improvements to increase energy efficiency across the Institute. The projects and process improvements she has implemented during…

    Read more: Selina Liu Joins Energy & Water Services as Energy Conservation Engineer
  • Tracy Pham joins VPFO Communications & Engagement as Manager, Digital & Creative

    In her new role, Tracy aims to transform the digital channels of the VPFO and bring forth new enhancements to optimize the user experience. As a multi-skilled marketer, she brings effective technical and communication skills that can help bridge the…

    Read more: Tracy Pham joins VPFO Communications & Engagement as Manager, Digital & Creative
  • Increase in mileage rate as of March 31, 2023

    UBC will be updating its mileage rate in alignment with the Canada Revenue Agency (CRA) prescribed rate: 68¢/km for the first 5,000 km driven and 62¢/km driven after that. The new rates will be available in Workday as of March…

    Read more: Increase in mileage rate as of March 31, 2023
  • Increase in CRA Prescribed Interest Rate effective April 1, 2023

    The CRA Prescribed Interest Rate will increase to 5% as of April 1, 2023. This rate will be in effect from April 1–June 30, 2023. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will…

    Read more: Increase in CRA Prescribed Interest Rate effective April 1, 2023
  • VPFO Monday Update – March 27, 2023

    The VPFO Update is a weekly snapshot that captures important university updates, work across VPFO departments, and relevant resources. Sent on March 27, 2023.

    Read more: VPFO Monday Update – March 27, 2023

People of the VPFO