At JLR, Balaji Adrian Marardell will replace, who retires after a 35-year term of office with the maker of the defender and F-PACE SUVs, the last three years as CEO, Tata Motors said Monday. Performed by Tata Sons -President N Chandrasekaran from Hindustan Unilever, Balaji has become an integral figure in the transformation of the group since he joined Tata Motors in 2017. His appointment reflects the trust of the leadership in his vision and implementation options.
His move to JLR comes at a crucial moment for Tata Motors, which undergoes a large restructuring with plans to dissect its passenger vehicles and commercial vehicles in two separately stated entities. After this transition, the company may no longer be a financial director of a group, the role that Balaji has held since he came to the company. His appointment at JLR is seen as a broader redeployment of companies at TATA Motors aimed at granting individual companies a larger operational autonomy.
“It is my privilege to lead this iconic company,” said Balaji. “In the past eight years I have been deeply admired and his exceptional brands. I look forward to the road for us with optimism and goal.”
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Balaji has been associated with Tata Motors in recent years and is familiar with the company, the strategy and has collaborated with the JLR leadership team, said Chandrasekaran, adding: “This step will ensure that we continue to accelerate our journey to recover JLR again.”
Under the financial leadership of Balaji, TATA Motors reported his highest consolidated income ever of £ 4.39 Lakh Crore in FY25, with a profit of £ 34,330 crore before tax and 28,149 crore after tax. The Indian activities of the company became net in cash, with a surplus of 1,018 crore.
Balaji is closely associated with the improved capital discipline of TATA Motors, the cost focus and the growing leadership in electric vehicles that have contributed to a more resilient and more efficient organization.
Balaji started his career as a management trainee at Hindustan Unilever in May 1993 and worked in Supply Chain roles in the first decade, followed by financial leadership assignments in the Unilever Group. He was Vice President – Finance for the supply chain of Americas based in Switzerland, group head accountant at the Unilever head office and Chief Financial Officer at Hindustan Unilever. At the Indian unity of the Consumer Goods Company he was accompanied by D Sundaram, who was the CFO of the company.
Balaji, an alumnus from IIT-Chennai and IIM-Kolkata, is currently a member of Air India, Titan, Tata Technologies and Tata Consumer Products. He was the best paid director in the Tata group in FY25 and attracted £ 21.09 crore, which reflects his growing leadership status in the conglomerate.
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