Balaji will take over from JLR veteran Adrian Mardell in September, who, in his three years as CEO, oversaw the elimination of £5 billion in debt, achieved decadal high profits, and had the best ever operational performance.

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.

Jaguar Land Rover has appointed the finance boss of Tata Motors as its new chief executive, in a move that increases the Indian owner’s influence over the UK luxury-car maker.