India, Aug. 5 -- Jaguar Land Rover (JLR) has named PB Balaji as its next Chief Executive Officer, making him the first Indian to lead the iconic British carmaker.

The announcement was made by Tata Motors, which owns JLR, in a regulatory filing following the Board's approval at a meeting held on August 4.

Mardell will remain with the company to ensure a smooth leadership transition until the end of his contract.

He has played a key role in Tata Motors' turnaround and has worked closely with the JLR leadership team, making him a natural successor to Mardell.

Chandrasekaran said the Board had been searching for the right candidate for several months before selecting Balaji.

"He is deeply familiar with the company, its strategy, and has ...