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: Continuing as one VPFO under Karamjeet Heer and John Metras’ leadership
Continuing as one VPFO under Karamjeet Heer and John Metras’ leadership
Starting June 1, Karamjeet Heer will begin serving as the Interim Vice-President, Finance, and John Metras will become the Interim Vice-President, Operations following the departure of Peter Smailes, former Vice-President, Finance and Operations.
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Read more: May 26 VPFO Town Hall Presentation and Slides
May 26 VPFO Town Hall Presentation and Slides
In this VPFO town hall, we reviewed the leadership transition plan, looked back on our accomplishments, and learned about our strategic plan together as one portfolio. The town hall recording and presentation slides are now available.
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Read more: Preparing for transition in the VPFO
Preparing for transition in the VPFO
The hand off starts now. Starting on June 1, Karamjeet Heer will be serving as the Interim Vice-President, Finance, and John Metras will be the Interim Vice-President, Operations.
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Read more: tə šxʷhəleləm̓s tə k̓ʷaƛ̓kʷəʔaʔɬ is now occupied
tə šxʷhəleləm̓s tə k̓ʷaƛ̓kʷəʔaʔɬ is now occupied
Located adjacent to and infilling around the Walter Gage Residence, the student residence project tə šxʷhəleləm̓s tə k̓ʷaƛ̓kʷəʔaʔɬ will provide a total of 940 housing beds for upper-year students.
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Read more: The C.D. Howe Institute ranks UBC first in both climate change & endowment activities and their governance
The C.D. Howe Institute ranks UBC first in both climate change & endowment activities and their governance
Independent non-profit research institute The C.D. Howe Institute ranked UBC first in Climate Change and Endowment Activities with an overall score of 4.2. UBC also placed first in Climate-change Governance practices, scoring 4.9 out of 5.0.
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.