Tata Motors has announced that P.B. Balaji, the company’s Group Chief Financial Officer, will take over as CEO of Jaguar Land Rover (JLR) starting November 2025. He will succeed Adrian Mardell, who is set to retire after an impressive 32-year career with JLR, including three impactful years as CEO.
Balaji has been a key architect of Tata Motors’ transformation journey and has worked closely with JLR’s leadership, making him a natural fit for the top job. His appointment follows a formal, board-led succession process.
N. Chandrasekaran, Chairman of Tata Motors, JLR, and Tata Sons, said, “I would like to thank Adrian for leading JLR’s turnaround and delivering record results. I’m delighted to appoint Balaji, who is deeply familiar with JLR’s strategy, to drive the next phase of transformation.”
Under Mardell, JLR made strong progress with its Reimagine strategy, focused on electrification, profitability, and brand elevation. Reflecting on his tenure, Mardell said, “These years have been a privilege. I’m proud of what we achieved and confident Balaji will lead JLR to even greater success.”
An IIT Chennai and IIM Kolkata alumnus, Balaji brings over 30 years of global experience across the automotive and FMCG sectors, having held roles in Singapore, London, Switzerland, and Mumbai.
On his appointment, Balaji stated, “It’s a privilege to lead JLR. Over the past eight years, I’ve come to admire its brands and people. I look forward to shaping its future together.”
The move signals continuity and renewed momentum for JLR’s evolution into a future-facing, electrified luxury brand.
