Tata-owned luxury carmaker Jaguar Land Rover (JLR) has appointed P B Balaji as its new Chief Executive Officer (CEO). He will take the role in November 2025, following the retirement of the current CEO, Adrian Mardell.
Adrian Mardell has been with JLR for 35 years, including three years as CEO. He recently announced his decision to step down. Until the end of his contract, Mardell will help Balaji with a smooth transition.
P B Balaji is currently the Group Chief Financial Officer (CFO) of Tata Motors, a role he has held since 2017. He has played a major role in JLR’s financial and business planning and has worked closely with its leadership.
Balaji has over 30 years of experience and has worked with top companies, including Hindustan Unilever, before joining Tata Motors. He holds degrees from IIT Madras and IIM Calcutta.
JLR’s board approved his appointment on August 4, 2025, and the company made the announcement through an official filing.
Tata Sons Chairman N. Chandrasekaran praised Mardell for leading JLR’s turnaround and said Balaji’s deep knowledge of the company makes him the right choice to lead its next chapter.
Under Mardell’s leadership, JLR focused on luxury, cut its debt, and began shifting towards electric vehicles. With Balaji as CEO, the company is expected to continue these efforts and aim for more sustainable growth.
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