Welcome to the VP Finance & Operations portfolio


We are responsible for the stewardship of UBC’s physical and financial assets, as well as safety, risk management, and assurance across our university community.

The Vice-President Finance & Operations (VPFO) portfolio provides strategic stewardship of UBC’s physical and financial assets, and leads safety, risk management, and assurance across the university. Guided by the values of innovation, unity, and accountability in the VPFO Strategic Plan and in alignment with the UBC Strategic Plan, the portfolio oversees a budget of over $4 billion, and all facilities across UBC Vancouver and Okanagan campuses. The portfolio also manages key relationships with UBC Investment Management and UBC Properties Trust and is responsible for strategic development and management of UBC’s real estate assets to support the long-term benefit of the university community. 

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

  • Bold new plans unveiled for UBCO Downtown

    Recently published photos and a video show how UBCO Downtown will weave excellence in research and teaching into the cultural, economic and social fabric of Kelowna’s downtown core.

    Read more: Bold new plans unveiled for UBCO Downtown
  • Announcing the search for a new Vice-President, Finance & Operations

    President Santa Ono has launched a search for a new Vice-President, Finance & Operations, and is seeking your views on the qualities you’d like to see in this appointment

    Read more: Announcing the search for a new Vice-President, Finance & Operations
  • Increase in CRA Prescribed Interest Rate effective July 1, 2022

    The CRA Prescribed Interest Rate will increase to 2% effective July 1, 2022. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will have an effect on future loans made under…

    Read more: Increase in CRA Prescribed Interest Rate effective July 1, 2022
  • New contracts available for Executive Search and Recruitment

    The agreements for procurement of Executive Level Search and Recruitment Services with these approved providers will ensure simplified procurement process, access to a prequalified vendor pool of experienced and highly recognized executive search firms in BC, best value, and commitment…

    Read more: New contracts available for Executive Search and Recruitment
  • Changes to UBC Service Levy

    The UBC services levy is used to run the community centres, athletic and cultural facilities, and to maintain public spaces and infrastructure within UBC neighbourhoods. The Services Levy Notices issued in 2022 will be due on August 8, 2022. Read…

    Read more: Changes to UBC Service Levy