Jaguar Land Rover (JLR) has announced the appointment of PB Balaji as its new Chief Executive Officer, effective November 2025. He will take over from Adrian Mardell, who has decided to step down after a remarkable 35-year journey with the company, including three years as CEO.
Commenting on the transition, N Chandrasekaran, Chairman of Jaguar Land Rover PLC, Tata Motors, and Tata Sons, said, “I extend my gratitude to Mr Mardell for his outstanding leadership in revitalizing JLR and delivering historic performance. After an extensive selection process, the Board is pleased to welcome Mr Balaji as the next CEO. Having worked closely with the JLR team, Mr Balaji brings a deep understanding of the company and its strategic direction, ensuring continuity in our Reimagine journey.”
Mr Mardell reflected on his tenure saying, “Leading JLR has been a tremendous honour. I’m proud of what we’ve achieved together during a period of significant industry transformation. I extend my best wishes to Balaji as he steps into this exciting new chapter.”
Mr Balaji expressed his enthusiasm for the role, stating, “It’s a true honour to lead this iconic company. Over the last eight years, I’ve developed a strong bond with JLR and its world-class brands. I look forward to building on the strong foundation Adrian has laid and working alongside our talented team to drive the next phase of growth.”
Mr Balaji currently serves as Group Chief Financial Officer at Tata Motors Group, a position he has held since November 2017. He brings over three decades of global experience in the automotive and consumer goods sectors, spanning leadership roles across finance and supply chain operations. His career has taken him across key international hubs, including Mumbai, London, Singapore, and Switzerland. Mr Balaji holds a B.Tech in Mechanical Engineering from IIT Madras and a PGDM from IIM Calcutta.
Jaguar Land Rover (JLR) is a British multinational automotive company that designs, manufactures, and sells luxury vehicles under the Jaguar and Land Rover brands. Founded in 2008, JLR is a subsidiary of the Indian conglomerate Tata Motors.
The company has a rich heritage, with Jaguar known for its performance-oriented luxury sedans and sports cars, while Land Rover is synonymous with rugged, high-performance SUVs. JLR operates globally, with manufacturing plants in the UK and other countries. In recent years, the company has focused on innovation, sustainability, and electric mobility, launching electric models like the Jaguar I-PACE as part of its strategy to transition toward a more sustainable future.
