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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Protecting yourself from wildfire smoke
Lower Mainland continues to see poor air quality values as a result of the thick wildfire smoke in BC. Find resources about air quality health and safety awareness and the best ways to protect yourself.
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Generator load bank testing schedule
The regulatory Annual Load Bank Emergency Generator tests will take place in buildings across campus starting on September 12, 2022, until November 1, 2022.
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Labor Day: Honoring Work & Work-Life Balance
As is the case with most holidays, the origins of Labour Day come from the struggles of working people and the demand for fairness. In this week’s EDI article, read about the history of Labour Day and the latest career trend…
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Thank you from Vice-President, Finance, Karamjeet Heer
A short while ago, the President’s Office sent a Bulletin to the university announcing some changes in the VPFO’s senior leadership team. I have accepted a new position with Simon Fraser University (SFU) as their Associate Vice-President, Finance and my…
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Leadership change within the Vice-President, Finance and Operations, portfolio
Karamjeet Heer will be leaving UBC to take up a new role at Simon Fraser University. She joined the university in 2019 as Comptroller and was more recently appointed as interim Vice-President, Finance. As of Nov. 1, Yale Loh will…
People of the VPFO
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Darren Wong promoted to Project Manager, Project Services with Infrastructure Development
Darren Wong joined UBC in 1998 as a project designer, and has been with Project Services since 2011 as an Associate Project Manager. Over the years, Darren’s portfolio continues to grow, working on various renovations, public art, and accessibility-related projects.
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Aziz Kara joins the Comptroller team as a Portfolio Finance Director, DAE, External Relations and Governance
Aziz is a Certified Professional Accountant who brings 25 years of progressive experience in Healthcare.
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Sandy Liu joins the Comptoller team as Manager, Financial Planning & Analysis Operational Excellence
Sandy will be working closely with the Budgeting & Reporting team in support of continuous improvement within Financial Reporting and Financial Planning & Analysis.
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Stephen Li joins Facilites, Building Operations as Mechanical Engineer
Stephen is a Professional Mechanical Engineer and LEED Green Associate with over ten years’ experience in Metro Vancouver’s building consulting industry.
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Raffaela Mendel joins Treasury Team as a Senior Treasury Analyst
Raffaela will support the building and refinement of the long-term corporate financial model, along with providing analytical support for other strategic initiatives across campus.