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.

The Board of Directors of JLR, at its meeting held on August 4, has approved the appointment of P B Balaji to succeed Adrian Mardell as the CEO of JLR.

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.