Born in 1957 in Kyiv. Mr. Lavrenchuk is a graduate of Kyiv Economic Institute, Finance and Economy Department. In banking — since 1982. In different time he occupied managerial positions in the Savings Bank of Ukraine, Ukrinbank and Raiffeisenbank Ukraine. Since October 2005, Mr. Lavrenchuk has been appointed Chairman of the Board of Raiffeisen Bank Aval. Volodymyr Lavrenchuk is Vice-President of European Business Association. Mr. Lavrenchuk several times has been recognized as the best leader in the financial segment of Ukraine. Expert groups, which took part in making business ratings for numerous magazines in different years, recognized CEO of Raiffeisen Bank Aval as the best top manager in Ukraine’s banking system.