Outlook Business Desk
Jaguar Land Rover, the Tata Group-owned British luxury carmaker known for its premium SUVs and sports cars, has appointed P B Balaji as its new Chief Executive Officer (CEO). The move follows Adrian Mardell’s exit and was disclosed via stock exchange filing.
Jaguar Land Rover’s new CEO appointment follows the decision of Adrian Mardell to step down after a 35-year tenure at the company, including three years as CEO of the luxury SUV maker.
“We would like to inform you that the Board of Directors of JLR at its meeting held today, on 4 August 2025, has approved the appointment of Mr. P B Balaji to succeed Mr. Adrian Mardell, as the CEO of JLR, when he retires upon completion of his contract,” the company disclosed the update in a filing with the BSE.
P B Balaji will officially take over as Jaguar Land Rover CEO from November 2025. Outgoing chief Adrian Mardell will continue supporting the leadership transition until his contract ends later this year.
Before being named CEO of Jaguar Land Rover, P B Balaji served nearly eight years as Group Chief Financial Officer (CFO) at Tata Motors, where he played a key role in the company’s financial and strategic transformation.
Before joining Tata Motors, P B Balaji spent over eight years at Hindustan Unilever. He began as Vice President of Treasury at Unilever Singapore in 2007, gaining global finance experience.
Balaji later became Vice President of Finance at Hindustan Unilever. After a long stint there, he made the switch to Tata Group, joining from his CFO position at HUL.
P B Balaji earned his Bachelor of Technology degree (Btech) from the Indian Institute of Technology (IIT) Madras in the 1991 batch. He later completed a Post Graduate Diploma in Management in Finance and Operations from the Indian Institute of Management (IIM) Calcutta.