Jaguar Land Rover (JLR), the iconic British automaker owned by Tata Motors, has appointed PB Balaji as its new Chief Executive Officer, marking the first time an Indian executive will lead the prestigious brand. Balaji, currently the Group CFO of Tata Motors, will assume the role in November 2025, succeeding Adrian Mardell, who announced his retirement after a 35-year tenure, including three years as CEO. The JLR Board finalized Balaji’s appointment on August 4, following an extensive search, with Mardell staying on to ensure a smooth transition until his contract ends.
N Chandrasekaran, Chairman of JLR, Tata Motors, and Tata Sons, praised Mardell for orchestrating a remarkable turnaround at JLR, delivering record results. He expressed confidence in Balaji, noting his deep familiarity with JLR’s strategy and leadership team. “This move will ensure we continue to accelerate our journey to Reimagine JLR,” Chandrasekaran said. Balaji, a seasoned leader with 32 years of experience in automotive and consumer goods industries, has been instrumental in Tata Motors’ transformation since joining as Group CFO in November 2017.
Balaji, a B.Tech graduate from IIT-Chennai with a Post Graduate Diploma in Management from IIM, expressed his excitement, stating, “It is my privilege to lead this incredible company. I look forward to working with the team to take it to even greater heights.” Having led diverse global teams from Mumbai, London, Singapore, and Switzerland, Balaji’s appointment signals a bold new chapter for JLR’s global ambitions.
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