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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VPFO Pink Shirt Day 2022
On Feb 23rd 2022, Peter Smailes addressed the VPFO as part of our annual Pink Shirt Day event. Click though for a transcript of his speech to the team.
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Inside the new UBC Arts Student Centre
In November 2021, UBC Arts Student Centre officially opened its doors. The three-storey, cylindrical building located on East Mall and Walter Gage Road will be a common meeting ground for Arts students to interact across disciplines, with spaces to relax…
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T4/T4A Tax Slips and T2200s Forms Will Soon Be Available for Faculty and Staff
T4/T4A tax slips and T2200S forms will be made available for faculty and staff through the Workday system next week. In the meantime, UBC Finance has created some resources to answer any questions the community may have about their tax…
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Heat recovery chiller and coils successfully commissioned
The new heat recovery chiller in Chemistry D Block would be capable of providing its forecasted 5000GJ in annual thermal energy savings, saving the university almost $50,000 per year. Chemistry E Block is on track for their predicted energy savings…
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New Biomass Boiler going through commissioning at the BRDF
The new UBC biomass boiler is going through its commissioning tests at the Bioenergy Research Demonstration Facility (BRDF). As the new boiler’s combustion is fine-tuned, you may notice some grey smoke, accompanied by a campfire scent, from the BRDF on occasion.
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.