The University status was conferred to Vel's Group of Institutions, by the Ministry of Human Resource Development, Govt. of India. As a logical consequence of this, the founder Chairman Dr.Ishari K.Ganesh has become the President/Chancellor and now he leads the implementation of a strategic plan that aims to shape the institute's future growth. He visualizes a University which will be globally more competitive and internationally recognized institution.
The University is governed by the Governing Board or otherwise known as the Board of Management and this is the highest statutory body of this University. The members of this Board is drawn from various agencies. The Board has members representing the University Grants Commission, Govt. of India, Industry, Eminent persons outside Academia, Senior Academic persons and senior officials of the University. The President/Chancellor is the Chairman of the Board and the board meets periodically to frame policies and programs for the growth and improvement of VISTAS.