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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Read more: Buchanan Block C Elevator Modernization begins June 23
Buchanan Block C Elevator Modernization begins June 23
The project is estimated to be complete by the end of August 2025. There will be no access to this elevator for the duration of construction. Please use the stairs on the north or south end of Buchanan Block C…
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Read more: The HSBC to RBC transition project has now officially concluded
The HSBC to RBC transition project has now officially concluded
Thank you to everyone who contributed to this important transition — especially our partners and business users — for your collaboration, patience, and adaptability throughout the process. With these changes now in place, all UBC HSBC Canada bank accounts have…
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Read more: Manage risk and overcome challenges with support from Enterprise Risk & Assurance
Manage risk and overcome challenges with support from Enterprise Risk & Assurance
May is International Internal Audit Awareness Month! At UBC, the ERA team provides independent, risk-based and objective audit and advisory services. Whether you’re launching a new project, looking to improve a critical process, or implementing a change, ERA can help…
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Read more: Moody’s affirms UBC’s Aa1 rating and S&P lowers its rating to A+ due to provincial credit link
Moody’s affirms UBC’s Aa1 rating and S&P lowers its rating to A+ due to provincial credit link
UBC maintains credit ratings with two different rating agencies, Moody’s Investors Service (commonly referred to as “Moody’s”) and S&P Global Ratings (“S&P”). Each year Moody’s and S&P meet separately with UBC to assess the factors influencing the university’s credit rating.
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Read more: New unreconciled credit card transactions dashboard
New unreconciled credit card transactions dashboard
Monitor unreconciled credit card transactions across your faculty or administrative unit with our new Power BI dashboard, updated daily.
People of the VPFO
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Read more: Darren Wong promoted to Project Manager, Project Services with Infrastructure Development
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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Read more: Aziz Kara joins the Comptroller team as a Portfolio Finance Director, DAE, External Relations and Governance
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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Read more: Sandy Liu joins the Comptoller team as Manager, Financial Planning & Analysis Operational Excellence
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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Read more: Stephen Li joins Facilites, Building Operations as Mechanical Engineer
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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Read more: Raffaela Mendel joins Treasury Team as a Senior Treasury Analyst
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.