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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Helen Yung — Get to Know UBC’s New Comptroller
Fresh onto campus, we’ve taken the opportunity to ask Helen more about herself, her views on leadership, and what excites her about working with the VPFO and UBC.
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CRA prescribed interest rate remains at 5% for Q3 2023
The CRA Prescribed Interest Rate will be 5%, in effect from July 1, 2023 to September 30, 2023. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will have an effect…
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Welcome to Helen Yung, UBC’s new Comptroller
Helen Yung joins UBC today as the university’s new Comptroller, with responsibility for delivering financial intelligence, planning, and reporting to facilitate decision-making.
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.