Tata Motors Ltd.’s Chief Financial Officer will take the helm of Jaguar Land Rover, giving the Indian automaker more operational control over its British subsidiary after the departure of its chief executive officer.

Mardell has been with Jaguar Land Rover, which is seen as the cash cow for Tata Motors, for more than three decades. Balaji has been Tata Motors' group chief financial officer since late 2017. His appointment is effective in November.

P.B. Balaji, Tata Motors' Group CFO, will become the first Indian CEO of Jaguar Land Rover, taking charge on November 17. His appointment comes as JLR navigates an EV transition, sales decline, and leadership reshuffle,