Tata Motors CFO P.B. Balaji Appointed CEO of Jaguar Land Rover

In a landmark leadership announcement, Jaguar Land Rover (JLR) has named P.B. Balaji, currently the Group Chief Financial Officer of Tata Motors, as its new Chief Executive Officer, effective November 2025. He will take over from Adrian Mardell, who is retiring after an illustrious 35-year career with the company, including three years as CEO.

Balaji’s appointment marks a historic milestone as he becomes the first Indian executive to lead the globally respected British luxury automotive brand. With over 32 years of experience across the automotive and consumer goods sectors, Balaji has been instrumental in the transformational journey of the Tata Motors Group, including its global subsidiaries.

N. Chandrasekaran, Chairman of Tata Sons, Tata Motors, and Jaguar Land Rover PLC, praised Mardell’s leadership and welcomed the new CEO.

“I would like to thank Adrian for the stellar turnaround of JLR and for delivering record results. I am delighted to appoint Balaji as the incoming CEO. He has been associated with the Company for the past many years and is familiar with the Company, its strategy and has been working with the JLR leadership team. This move will ensure that we continue to accelerate our journey to Reimagine JLR.”

Outgoing CEO Adrian Mardell reflected on his legacy, saying:

“These three years have been a great privilege. Together with the incredible JLR workforce, we have cemented JLR’s position in the automotive industry during a time of incredible change.”

Incoming CEO P.B. Balaji expressed his excitement for the road ahead:

“It is my privilege to lead this incredible company. Over the past 8 years, I have grown to know and love this company and its redoubtable global brands. I look forward to working with the team to take it to even greater heights. I thank Adrian for his immense contributions and wish him well for his next innings.”

A graduate of IIT Chennai (B.Tech in Mechanical Engineering) and IIM Kolkata (PGDM), Balaji has led global, cross-functional teams across Mumbai, London, Singapore, and Switzerland, bringing a strong track record in finance, operations, and supply chain leadership.

His appointment comes at a crucial time as Jaguar Land Rover accelerates its “Reimagine” strategy, focused on electrification, sustainable mobility, and redefining modern luxury for future generations.

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