Overview

• The JLR board approved Balaji’s appointment in a regulatory disclosure by Tata Motors.
• Balaji will take the helm in November 2025, with Adrian Mardell staying through December to ensure a smooth handover.
• Adrian Mardell retires after three years as CEO and 35 years at JLR, having delivered record profits, eliminated net automotive debt and launched the Reimagine strategy.
• Balaji has served as group CFO since 2017 and brings over three decades of finance and supply-chain leadership, backed by credentials from IIT-Chennai and IIM-Kolkata.
• The transition is aimed at sustaining momentum on JLR’s luxury repositioning and all-electric vehicle rollout under the Reimagine plan.