Tata Group-owned luxury automotive company, Jaguar Land Rover, appointed P B Balaji as the company’s new Chief Executive Officer (CEO) after former executive Adrian Mardell’s move to step down from the role, according to an exchange filing.
“We would like to inform you that the Board of Directors of JLR at its meeting held today, i.e., 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 informed BSE though the filing.
Balaji’s appointment will be effective from November 2025, and Adrian Mardell will continue to help with the transition and provide support until the end of his contract.
JLR’s new CEO appointment comes after former executive Adrian Mardell decided to leave the luxury sport utility vehicle maker after spending more than 35 years in the firm, and three years as CEO.
“Adrian Mardell has expressed his desire to retire from JLR after three years as CEO and 35 years with the company,” a spokesperson said in a statement, cited by multiple news portals on 31 July 2025.
Who is P B Balaji?
P B Balaji spent nearly eight years as the Group Chief Financial Officer (CFO) of Tata Motors before receiving the promotion to become the CEO of the luxury sport utility vehicle maker Jaguar Land Rover.
Prior to joining Tata Motors, Balaji had more than eight years of work experience working for Hindustan Unilever. He started his career as a Vice President in the Treasury department of Unilever Singapore in 2007.
Later he joined Hindustan Unilever as the VP of Finance, and after working for a long time, finally decided to make the switch into Tata Group from his CFO role at HUL.
P B Balaji holds a Bachelor of Technology (B.Tech) degree from the Indian Institute of Technology (IIT) Madras, the 1991 batch. After finishing the IIT Madras course, Balaji joined the Indian Institute of Management (IIM) Calcutta to complete his Post Graduate Diploma in Management in Finance and Operations, according to his LinkedIn profile.
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