I have a different take on your situation, closer to Harsh's.
Details Required for Better Suggestions
First of all, please provide more details about your role, designation, and responsibilities. Since when have you been working in this company? Providing this information will enable members to give well-focused suggestions.
Considering the Benefits of Action
Regarding the queries you raised, before discussing the possibilities of any action that may/can be taken against this AVP, how will you benefit from any potential action? Are you aiming for his position, or do you expect a raise or promotion?
This is not to say that the issue you raised is wrong or incorrect. What I am trying to emphasize is looking at the situation from different perspectives.
Perspective #1: AVP's Track Record
You have only mentioned the current behavioral pattern of the AVP. You have not mentioned anything about his earlier track record in the company. For all you know, he may have already proven his worth to the company, and because of which, he is being given some leeway in how he operates now. It could be just a coincidence that you started working with him after he proved his worth?
Perspective #2: Control Over the Situation
Irrespective of what the AVP does or doesn't do, is he or his actions within your control? Obviously, not. What's in your control is how you work. It's up to you on what you make of it, for the better or worse.
Obviously, you are not doing your work because you have to do it or you love your work. Your line ".....getting his presentations done by them who have no option but to burn midnight oils for his boss in fear of negative feedback...." is a clear indication.
Frankly, such an attitude towards work, at any level, wouldn't take one very far. And even if one manages to progress not due to efficiency or commitment but through other means, the price of such success would surely be very high. The choice is again the individual's, followed by the consequences of such actions, which, undoubtedly, the individual will have to pay at some time or the other.
Perspective #3: Opportunity to Learn
You have not mentioned your experience or designation level. If it's not a high level, usually this is the chance one gets to learn. I am not sure, but if you are suggesting that doing/making presentations doesn't give you any learning, frankly, I think you are wrong. Even the simplest acts like watering a plant always offer a scope to learn. It's for the individual to figure out and decide if he/she wants to learn or only work for the salary received at the end of the month.
And if you wish to say that 'I want to learn this but not that', suggest focusing on what you already have on your plate, and not what you want later on. Maybe, by such acts, your AVP is—without realizing—giving you a chance to learn new things? Something that you wouldn't have had the opportunity for in the normal situation?
Perspective #4: Considering Resignation
If you are really vexed and can't take it anymore, why didn't you quit?
If this response disappointed or hurt you, that wasn't the intent.
All the best.
Regards,
TS