Tata chief financial officer P.B. Balaji to replace Adrian Mardell as Jaguar Land Rover CEO from Nov 2025

Tata chief financial officer P.B. Balaji to replace Adrian Mardell as Jaguar Land Rover CEO from Nov 2025

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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Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.

 

Comments

  • a CFO to run a car company … habis lar. Everything is about cost … like Boeing in aviation.

    Like or Dislike: Thumb up 3 Thumb down 0
  • 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.

    Like or Dislike: Thumb up 1 Thumb down 0
  • Tin Kosong on Aug 05, 2025 at 11:52 am

    yup… let new generation with new ides

    Like or Dislike: Thumb up 0 Thumb down 0
 

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