Tata Motors Taps Long -term CFO PB Balaji to succeed Mardell as CEO of JLR

Tata Motors has announced a major change in Jaguar Land Rover (HLR) leadership, appointing PB Balaji as the new chief executive. He will take over in November 2025, succeeding Adrian Mardell, who retires after his 35-year career at the company.

The appointment of Balaji was approved by the Board of Directors of the FLR and was discovered in a regulatory submission of Tata Motors. Mardell will stay until December to support the transition.

Handrasekaran, president of Tata Sones, Tata Motors and JLR, deserved Mardel with JLR’s turn, saying: “I would like to thank Adrian for the JLR turnaround and give record results.

Baladzi, currently the CF in Tata Motors, has been with the company since 2017. It brings more than three decades of global experience through finance and supply chain in the car and consumer sectors. It holds B.Tech of Iit-Chennai and PGDM from Iim-Kolkata.

Mardel, who became CEO in 2022, after serving as CFO, led JLR through a transformative phase – tightening his focus on luxury, restoring profitability and debt reduction. Despite these successes, his time at the helm was marked by controversy over the Jaguar’s “Panatera” rebrand, which replaced the logo of the iconic camp with minimalist “X” and avant -garde slogans like “Do not copy anything”.

Thinking about his mandate, Mardel said: “It was a great privilege to lead JLR together, we strengthened the company during an incredible change.” Balaji added: “It is my privilege to run this incredible company. I look forward to working with the team to take it to even higher heights.”


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