Jaguar Land Rover Appoints Tata Motors CFO P.B. Balaji as New CEO

British carmaker Jaguar Land Rover (JLR), the parent company of the Jaguar and Land Rover marques, has announced the appointment of P.B. Balaji as its new Chief Executive Officer, effective from November 2025. The news was confirmed by Tata Motors on 4 August.

Mr Balaji will take over from Adrian Mardell, who is set to retire after three years as CEO and a 35-year career at JLR.

Mr Chandrasekaran, Chairman of Jaguar Land Rover PLC, Tata Motors, and Tata Sons, stated, “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 of the company. The search for a suitable candidate to lead JLR has been undertaken by the Board for the past few months, and after careful consideration, it was decided to appoint Balaji. 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.”

Reflecting on his tenure, Mr Mardell said, “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. I would like to thank everyone in JLR and the extended Tata Group and wish Balaji every success in his new role.”

Mr Balaji commented, “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.”

Currently serving as Group Chief Financial Officer at Tata Motors Group since November 2017, Mr Balaji is a respected global executive with 32 years of experience in the automotive and consumer goods sectors, specialising in finance and supply chain. He has led diverse international teams across Mumbai, London, Singapore, and Switzerland and played a key role in Tata Motors’ transformation. He holds a B.Tech in Mechanical Engineering from IIT Chennai and a Postgraduate Diploma in Management from IIM Kolkata.