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

  • 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,…

    Read more: Welcoming Maggie Ivanova as UBC’s New Chief Enterprise Risk & Assurance Officer
  • 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…

    Read more: Are you and your team up to date on your mandatory training?
  • 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…

    Read more: Strengthening UBC’s long-term financial planning
  • 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? 

    Read more: Get ready for our 8th annual Pink Shirt Day celebration
  • 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…

    Read more: Protecting you and UBC through smarter expense management

People of the VPFO

  • Bill Liu promoted to Procurement Officer in UBC Financial Operations

    In his new role, Bill will play a key role in leading and completing RFx processes for purchases above $75K. The role is integral to the success of the Procurement Sourcing team by ensuring best procurement practices are being followed.

    Read more: Bill Liu promoted to Procurement Officer in UBC Financial Operations
  • Raymond Lum promoted to Subhead Metal Worker in Building Operations

    Raymond has been in the metal shop at UBC for seven years and has a wealth of knowledge and experience in layout, fabricating, assembling, welding and installation. He was a participant in the Expression of Interest (EOI) program and is…

    Read more: Raymond Lum promoted to Subhead Metal Worker in Building Operations
  • Aligning enhanced safety and reducing risk for the university

    In alignment with the VPFO and SRS strategic plan, Safety & Risk Services (SRS) is moving to the next step that builds on our strengths and opportunities to continue to align around enhanced safety and reduced risk for faculty, staff,…

    Read more: Aligning enhanced safety and reducing risk for the university
  • Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors

    Cassandra Torres (she, her, hers) and Evan Lloyd join the Emergency Management team in Safety & Risk Services as Emergency Management & Continuity Planning Advisors. Their education and backgrounds in emergency response will be great assets to the team.

    Read more: Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors
  • Siu Tse will be Acting Managing Director, Energy & Water Services

    Today is David Woodson’s last day at UBC as Managing Director, Energy & Water Services after 23½ years of outstanding service and many great memories. I am pleased to announce that Siu Tse will be Acting Managing Director, Energy & Water Services while we…

    Read more: Siu Tse will be Acting Managing Director, Energy & Water Services