Late Sri B.V. Narayana Reddy, General Manager (Chief Executive Officer) of the then "The Bank of Mysore Ltd"., was guiding spirit in the formation of Mysore Bank Employees Colony and "The Mysore Bank Employees Education Society" by the employees of the Bank residing in the Just formed housing colony in 1st Block, Jayanagar. He had also served as the 2nd President of the Society from 1961 to 1972. Importantly, he used his good offices, with the high government officials & was instrumental in getting nearly 3 acres of land allotted to our school in 1st Block Jayanagar for our Institutions.

Late Smt Rani Sarala Devi, from erstwhile royal family of Wanaparthi (now in Telangana State) donated Rs. 30,000/- a princely sum during 1955. The ground floor of our school building was constructed with the funds. She was elected as the First President of our Society and served from 1956 to 1961. As a gesture of gratitude our educational Institute is named after her.

Late A. Krishnamurthy, then the General Manager of The Bank of Mysore Ltd., succeeded the above as 3rd President & served longest term from 1972 to 2002. During his tenure, lot of developments took place, the high school became co-educational & the Pre-University College was started to accommodate our own high school students to continue college education and also to cope up with the demand for education in the fast developing in Jayanagar area