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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Welcoming Maggie Ivanova as UBC’s New Chief Enterprise Risk & Assurance Officer
Maggie Ivanova will begin her role as UBC’s new Chief Enterprise Risk and Assurance Officer on April 7. She will provide strategic leadership to the university’s Internal Assurance and Enterprise Risk Management functions and will report jointly to the Vice-President,…
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Are you and your team up to date on your mandatory training?
To help keep UBC one of the safest and most welcoming places in Canada, the university has released several new mandatory courses through the Workplace Learning (WPL) platform. Every March and October, staff who are not up to date on…
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Strengthening UBC’s long-term financial planning
The VPFO is strengthening its long-term financial planning capabilities by forming a new Long-Term Financial Modelling & Planning team, which will report to Treasurer, Yale Loh. Aligned with VPFO Strategic Goal 1.1, this team will enhance UBC’s existing long-term financial…
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Get ready for our 8th annual Pink Shirt Day celebration
The VPFO Equity, Diversity, and Inclusion (EDI) Committee presents Pink Shirt Day on Wednesday, February 26, 2025. This year’s theme is “Let Kindness Grow”. How can we cultivate a community of kindness, support, and understanding?
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Protecting you and UBC through smarter expense management
Do you make purchases on behalf of the university? The UBC Visa Corporate Card enables you to make university-related purchases directly and is integrated into the Workday Expense module to allow simpler reconciliation, so you never lose track of an…
People of the VPFO
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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…
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Bringing teams together over good food and good laughs
“Food brings people together,” explains Bryan Antenor, Customer Support Manager in Financial Operations. “Connecting over potlucks, having a few good laughs and participating in highly competitive Mario Kart Switch tournaments are just some of the simple yet effective ways we…