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Jaguar Land Rover Names P.B. Balaji as CEO

Jaguar Land Rover’s board approved its group CFO P.B. Balaji to take the helm in November after Adrian Mardell’s retirement to maintain momentum on its all-electric Reimagine strategy.

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Tata Motors taps longtime CFO PB Balaji to succeed Mardell as JLR CEO
New signing gives Tata greater control over ”golden goose.”
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Overview

  • P.B. Balaji will assume the CEO role on November 1, 2025, marking the first time an Indian executive leads the British marque.
  • Outgoing chief Adrian Mardell will remain through December to oversee a structured transition and support strategic continuity.
  • The board’s approval, disclosed in a Tata Motors regulatory filing, underscores a planned succession designed to uphold JLR’s Reimagine turnaround.
  • Balaji has served as group CFO of Tata Motors since November 2017 and brings over 32 years of experience in automotive and consumer goods.
  • Under Mardell’s leadership, JLR delivered ten consecutive profitable quarters and resolved US tariff hurdles with a UK–US trade agreement.