Both profit and threat of failure drive firms to become more innovative. Right dose of innovation coupled with efficiency define the basic ingredients of growth. And nobody understands this grammar than this agile banker. He is V K Chopra, Chairman & Managing Director of the Corporation Bank. His vision is to make the Corporation Bank as the most preferred Bank with global standards in financial efficiency, technology, products and services. He believes that honesty & integrity are personal traits, which give inner strength to steer the institution to greater heights of competitive existence.

Under the able guidance of Chopra, the Bank has charted out a Shared Vision for its Centenary Year 2006. It aims to achieve a total business of Rs 70,000 crore comprising Rs 45,000 crore deposits and Rs.25,000 crore advances by 2005-06, the Centenary Year of the bank. With its strategic business focus and innovation, the Bank is striving for better performance in the coming years. And the secret behind this success is none other than V K Chopra himself. Copra is also a Fellow Chartered Accountant by profession and is a Certified Associate of Indian Institute of Bankers.

Starting his career as an Officer in Central Bank of India way back in 1969, Chopra achieved success fits and bounds. He served the Bank for 31 years in various capacities. As the former Executive Director of Oriental Bank of Commerce, he steered the bank towards prosperity and was responsible for taking strategic decisions and supervising the function of the bank's entire operations. Before joining the Corporation Bank, Chopra was the Chairman & Managing Director of Small Industries Development Bank of India (SIDBI).

As the CMD, SIDBI, he initiated various measures for widening the scope of activities of SIDBI and brought about a paradigm shift in focus from indirect lending to direct lending. He is all set to open the bank's representative offices in Dubai and Hong Kong and is only waiting for the approval of the Reserve Bank of India. With strong corporate ethics, Chopra will definitely be able to achieve the Bank's business goal of Rs 55,000 crore for this financial year. And with his impeccable commitment to a strong corporate ethics, he will certainly make the Corporation Bank a bank on which you can bank upon for your financial needs!