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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Heat recovery chiller and coils successfully commissioned
The new heat recovery chiller in Chemistry D Block would be capable of providing its forecasted 5000GJ in annual thermal energy savings, saving the university almost $50,000 per year. Chemistry E Block is on track for their predicted energy savings…
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New Biomass Boiler going through commissioning at the BRDF
The new UBC biomass boiler is going through its commissioning tests at the Bioenergy Research Demonstration Facility (BRDF). As the new boiler’s combustion is fine-tuned, you may notice some grey smoke, accompanied by a campfire scent, from the BRDF on occasion.
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Our 5th Annual Pink Shirt Day Celebration
The VPFO Equity, Diversity, and Inclusion (EDI) Committee presents Pink Shirt Day on February 23, 2022. Join the VPFO portfolio virtually or on campus at the University Services Building (USB) atrium in celebrating our diversity as we Lift Each Other…
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2021/2022 Year End Timelines and Procedures Call-In Session
Join us in the call-in session on February 28 to review the fiscal year-end timelines and procedures. For those who are unable to attend, a recording of this event will be made available on the UBC Finance website.
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Potential project delays dues to staffing shortage
Our Facilities teams, consultants, and contractors are experiencing labour shortages, and doing the best we can to maintain service and ensure all our projects and construction sites continue to be monitored. Some of our projects, however, may be impacted and face…
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…