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You're reading: Lavrenchuk expresses interest in being central bank governor
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Volodymyr Lavrenchuk is chairman of the board of Raiffeisen Bank Aval in Ukraine, the nation’s 5th largest bank with an estimated $1.9 billion in assets and largest foreign lender. Its parent company is Austrian-based Raiffeisen Bank International. Ukraine’s division went from losing $290 million in 2014 to a net profit of $142 million in 2016, a remarkable turnaround that has made it one of Ukraine’s most profitable banks.

Lavrenchuk has won numerous awards, including in 2014 winning Investgazeta’s top rating of Ukrainian bankers for communication with journalists and clients. The bank’s record profitability is showing in its increased visibility in the community, through advertising and sponsorship of such events as the Austrian Film Festival on April 19–23 in Kyiv.

He agreed to a blitz interview with the Kyiv Post on April 20.

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