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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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…
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Business Expense Rules will go live on April 1, 2022
The new Business Expense Rules have now been approved and will be available to the UBC community on April 1, 2022 on the UBC Finance website. In the meantime, you are welcome to review the Business Expense Rules document in…
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Energy conservation measures implemented in I.K. Barber Learning Centre
An energy conservation project was implemented to repair the heat pipe system in the main air handling units (AHUs) to improve thermal energy in the building. Upon completion, the building’s thermal energy demand has been reduced by ~22%, saving ~$11,000…
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Heat recovery chiller expansion in the Life Sciences Centre
In 2021, a third chiller module was added to an existing two-module heat recovery chiller to maximize more recoverable heat in the building. This additional chiller module will recover 5800 GJ of heat per year, equivalent to reducing thermal consumption…
People of the VPFO
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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.
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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.
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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,…
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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…
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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…