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Aivaras Abromavičius

b. 1976

Politician

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About Aivaras Abromavičius

Born 1976. Aivaras Abromavičius is a Russian, Lithuanian and Ukrainian politician, entrepreneur, banker and investment banker.

Biography Abromavičius was born in Vilnius, Lithuania, but lived in Estonia, Sweden, USA, Russia, UK and Ukraine for many years. He was educated in Lithuania later obtaining a BA in international business from Concordia International University Estonia and Concordia University Wisconsin. Abromavičius speaks Ukrainian, Lithuanian, English and Russian.

Under his leadership a completely new Electronic Public Procurement System Prozorro was launched, which received multiple international awards and recognition and saved billions of Hryvnias. He also kick started a major State Owned Enterprise reform that included totally new CEO selection process and helped form a new and first truly independent Board of Directors at Naftogaz. He also helped start a Better Regulation Delivery Office with substantial EU funding to improve business climate in Ukraine.

On 3 February 2016, Abromavičius announced his resignation, he claimed that the key reason was a conflict with Ihor Kononenko, who was the deputy head of the Bloc of Petro Poroshenko parliamentary faction. According to Abromavičius, Kononenko was trying to install a new deputy in the economy ministry to further his own interests. On the same day, Kononenko stated he was ready to give up his parliamentary mandate should his faction would ask him to do so. Abromavičius also stated that Ukrainian politicians insisted that he appointed at state companies people he did not want to and resisted the economic reforms. He also mentioned that corruption in Ukraine was too strong, and he was not willing to serve cover for corruption. Nine Western ambassadors signed a statement (published on the official website of the Embassy of Sweden) on 3 February 2016 that stated they were "deeply disappointed by the resignation" because Abromavičius delivered real reform results for Ukraine. He was finally relieved from his post when the Groysman Government was installed in 14 April 2016. On June 12, 2019, President of Ukraine Zelensky appointed Abromavičius to serve as a Member of the Supervisory Board at Ukroboronprom. On 31 August 2019 president Zelensky appointed Abromavičius as the Director General of Ukroboronprom. He was dismissed from this post (at his own request ) by a decree of president Zelensky on 6 October 2020.

Currently Aivaras holds positions of Chairman of the Board in Agro Region, Ukrainian Corporate Governance Academy as well as PN Project in Riga. He is also a co-founder and board member of Goindex, a pension fund management company in Lithuania.

Abromavičius is a proponent of austerity, advocating "radical spending cuts"

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Important facts

Birth century
Education
Concordia University, Concordia International University Estonia, Concordia University Wisconsin, PhD
Positions held
Minister of Economy of Ukraine
Also known as
Aivaras Abromavicius

People in Aivaras Abromavičius's life

Named in this biography and alive at the same time

Contemporaries

People whose lives overlapped Aivaras Abromavičius's

Frequently asked questions

Who is Aivaras Abromavičius?

politician

When was Aivaras Abromavičius born?

Aivaras Abromavičius was born on 21 January 1976 in Vilnius.

What is Aivaras Abromavičius's occupation?

Aivaras Abromavičius is a politician, entrepreneur, banker and investment banker.

What nationality is Aivaras Abromavičius?

Aivaras Abromavičius is Russian, Lithuanian and Ukrainian.

Sources & further reading

· Wikipedia: Aivaras Abromavičius

· Wikidata: Q18600209

· DBpedia: Aivaras Abromavičius

Cite this page

APA: Biography.guide. (2026). Aivaras Abromavičius. https://biography.guide/aivaras-abromavicius/

MLA: "Aivaras Abromavičius." Biography.guide, https://biography.guide/aivaras-abromavicius/.

Chicago: "Aivaras Abromavičius." Biography.guide. https://biography.guide/aivaras-abromavicius/.

Data last updated: 2026-09-20 · Spot an error? Report a correction.

Portrait: Wikimedia Commons · author & licence

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