Let C be a nonempty, closed and convex subset of a real Hilbert space H. Let A i : C → H, for i = 1, 2, be two L i -Lipschitz monotone mappings and let f : C → C be a contraction mapping. It is our purpose in this paper to introduce an iterative process for finding a point in V I(C, A 1 ) ∩ V I(C, A 2 ) under appropriate conditions. As a consequence, we obtain a convergence theorem for approximating a common solution of a finite family of variational inequality problems for Lipschitz monotone mappings. Our theorems improve and unify most of the results that have been proved for this important class of nonlinear operators. c 2016 All rights reserved.