Tata Motors Appoints PB Balaji As Jaguar Land Rover CEO
Balaji has been the group chief financial officer since November 2017.
Tata Motors has announced PB Balaji as Jaguar Land Rover's chief executive officer with effect from November 2025, as per a disclosure to the stock exchanges on Monday.
This development follows the recent plan of retirement of JLR's current chief Adrian Mardell, three years after he took over as the CEO of the luxury sports car maker.
Balaji has been the group chief financial officer since November 2017 and brings with him experience in the automotive and consumer goods industries across finance and supply-chain functions.
"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," said N Chandrasekaran, chairperson of the company.
"I look forward to working with the team to take it to even greater heights," said Balaji on the occasion. "I thank Adrian for his immense contributions and wish him well for his next innings."
"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," said Mardell.
Mardell joined JLR in 1990, serving in various roles over the past three decades. In 2008, he became deputy chief financial officer and operations controller, and subsequently chief transformation officer.
Jaguar Land Rover, owned by Tata Motors Ltd., was among a number of carmakers to withhold profit guidance at the height of the US tariff uncertainty. The UK recently finalised a trade deal with the US that reduced the US import tariff on its exported cars to 10% from the earlier 25%. However, this is applicable only for the first 1 lakh cars shipped to the US in a year, indicating that any cars beyond that number would still face a tariff of 25%.
