Jaguar Land Rover has announced the appointment of P.B. Balaji as its chief executive officer, effective November 2025. This follows the group’s announcement last week that outgoing CEO Adrian Mardell will be leaving JLR after three years as CEO and 35 years at the company.
Balaji served as group chief financial officer at the Tata Motors Group since November 2017, with 32 years of experience in the automotive and consumer goods industries across finance and supply chain functions, JLR stated.
Bringing experience from Tata’s operations in Mumbai, London, Singapore and Switzerland, Balaji has been “closely associated with the transformation” of the company, the statement continued.
“It is my privilege to lead this incredible company. Over the past 8 years I have grown to know and love this company and its redoubtable global brands. I look forward to working with the team to take it to even greater heights. I thank Adrian for his immense contributions and wish him well for his next innings,” Balaji said in a statement.
“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. I would like to thank everyone in JLR and the extended Tata Group, and wish Balaji every success in his new role,” outgoing CEO Mardell said in a statement.
Mardell directed the company through a financial turnaround from heavy losses and debt during the pandemic, to posting its best profits in a decade last year, reported Autocar previously. Mardell had also overseen the group’s House of Brands retail strategy where the Defender, Discovery, Range Rover and Jaguar nameplates were built as their own brands, it added.
Among the most significant milestones under Mardell’s tenure was the unveiling of the Jaguar Type 00 concept, which followed its rebranding exercise as a EV-only marque. Speaking to the publication regarding Jaguar’s prospects as an all-electric brand, Mardell said that the brand “will have wait lists which are significant relative to the volumes we aspire for with the first product.”
Alongside the upcoming battery-electric Jaguar model, the group has also been developing the Range Rover Electric, a BEV version of the marque’s flagship SUV. While the BEV version of the L460 Range Rover was originally slated for debut in 2024, this has reportedly been delayed to 2026 to await stronger demand.
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a CFO to run a car company … habis lar. Everything is about cost … like Boeing in aviation.
What a faggot. Leaving the company right before his gay project take off. If the project succeed, he will claim credit. If it fails, he will claim because he’s not running the show.
yup… let new generation with new ides
Modi style hardline comes to reverse the wokeism of their last boss. Jag was hoping to ride on exploding woke popularity in part due to Hollywood but forgot that most workesters are poor libertards staying in their parents houses and has no money to buy Jags. Funny thing is the rich have less identity crisis and more mid-life crisis. They simply forgot whom their target customers were.