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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UBC opens Gordon B. Shrum Building, Canada’s first purpose-built biomedical engineering facility
New home of UBC’s School of Biomedical Engineering will advance health solutions and grow Canada’s biotech sector. As Canada’s first purpose-built facility for biomedical engineering, the new building brings together researchers, students, and industry partners under one roof.
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UBC Third Quarter 2024/25 Financial Report is now available
The university’s third quarter 2024/25 financial report is now available on the UBC Finance portal.
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Update on UBC’s and UBCIM Responsible Investing Commitments
The University is committed to continually advancing its responsible investing practices and enhancing existing important work in this area. At this time, we are particularly focused on further integration of social factors, including human rights, in a manner that is…
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UBC Facilities roadmap: Strengthening service for a growing campus
Guided by UBC’s Strategic Plan and the VPFO Strategic Plan—specifically the focus on Collaboration, Customer Service & Engagement, the UBC Facilities Roadmap drives meaningful improvements in how we connect with customers, streamline operations, and elevate the service experience for the…
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Enhancing seismic resilience at UBC
Since 2012, UBC has invested more than $200 million in seismic upgrades to buildings and infrastructure. Read more on the UBC News website.
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.