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Manufacturing & engineering

JLR appoints PB Balaji as new chief executive, succeeding Adrian Mardell

Jaguar Land Rover (JLR) has named PB Balaji as its next chief executive, effective from November 2025, following the retirement of Adrian Mardell after more than three decades at the company.

Mardell, who has served as CEO since 2023, will step down after 35 years at JLR.

During his tenure, he was credited with overseeing a significant turnaround and delivering record results for the UK-based carmaker.

Balaji, who has served as group chief financial officer at Tata Motors since November 2017, brings 32 years’ experience across the automotive and consumer goods sectors, with a career spanning finance and supply chain roles in Mumbai, London, Singapore and Switzerland.

He has played a key role in Tata Motors Group’s transformation over the past eight years.

Balaji holds a degree in mechanical engineering from the Indian Institute of Technology in Chennai and a postgraduate diploma in management from the Indian Institute of Management in Kolkata.