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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Last pick-ups from Environment Services Facilities will be on December 16
The Environmental Services Facilities (ESF) will be closed starting December 20, 2021 until January 4, 2022. The last day of pick-ups from academic departments will be December 16. For questions or concerns, please contact your ESF technicians before December 20.
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A reminder to stick to primary routes when driving to campus
When extreme weather comes to UBC Vancouver, Municipal Services in Building Operations is responsible for managing snow and ice within the Vancouver campus. Our snow removal and deicing vehicles work in priority zones to ensure the highest risk areas of…
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UBC Launches Indigenous Finance Guidelines and Spend Category for Status Indian Individuals on Reserve
The Guidelines review current payment practices at UBC and highlight some of the disparities in standard processes for the disbursement of funds to Indigenous partners. They also describe the alternative, flexible payment process piloted by IRSI and conclude with a…
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UBC Second Quarter 2021/22 Financial Report is now available
The university’s second quarter 2021/22 financial report is now available on the UBC Finance website. While the university continues to operate under an element of uncertainty related to the pandemic—confidence in the forecast is solidifying, with strong indications from Enrolment Services…
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Delay in ordering UBC Visa cards
Please note that the Credit Card team will hold off on ordering new UBC Visa cards starting from Wednesday, December 15, 2021, until Tuesday, January 4, 2022, due to office closure during the holiday season.
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…