In a major corporate development, Tata Motors announced the appointment of Shailesh Chandra as its Managing Director and CEO, effective October 1, 2025. His tenure will span three years, ending on September 30, 2028. Chandra will continue to serve as MD of Tata Passenger Electric Mobility Ltd. (TPEM), signaling the group’s strong focus on its fast-growing electric vehicle business. This transition comes at a time when Tata Motors is undergoing a significant corporate demerger, aiming to create two distinct listed entities — one for commercial vehicles and another for passenger and electric vehicles, including Jaguar Land Rover (JLR).
Leadership Realignment at Tata Motors
Shailesh Chandra: A Strategic Choice
- Shailesh Chandra, who joined Tata Motors in 2016, has played a pivotal role in steering its electric mobility strategy.
- Under his leadership, Tata’s electric vehicle lineup gained significant market traction, with TPEM emerging as a segment leader.
- His elevation to MD & CEO of Tata Motors reflects the company’s confidence in his vision to integrate passenger vehicles and EVs into a unified growth narrative.
Girish Wagh to Lead Commercial Vehicles
- As part of the post-demerger leadership restructuring, Girish Wagh will take over as MD & CEO of TML Commercial Vehicles Ltd., also from October 1, 2025.
- Wagh, a Tata veteran, has been instrumental in the success of the Ace mini truck and Tata’s larger commercial vehicles segment.
- He will head the commercial vehicle business once the demerger is fully implemented.
PB Balaji Moves to Jaguar Land Rover
Transition in Financial Leadership
- PB Balaji, Group CFO of Tata Motors, will step down on November 17, 2025, to assume the role of CEO at Jaguar Land Rover Automotive Plc, UK. Balaji, who joined Tata Motors in 2017, is known for his strong financial acumen and played a key role in stabilizing the company’s balance sheet.
Dhiman Gupta to Succeed as Group CFO
- Balaji will be succeeded by Dhiman Gupta, currently the CFO of Tata Passenger Electric Mobility Ltd.
- Gupta brings over 15 years of experience in finance, having worked previously with Standard Chartered Bank before joining Tata Motors in 2023.
- His elevation signals the increasing importance of electric mobility within Tata’s broader financial strategy.
Other Key Board Appointments
The board of Tata Motors also approved several significant leadership and governance changes,
- Sudha Krishnan has been appointed as Additional, Non-Executive Independent Director for a five-year term starting October 1, 2025.
- Hanne Sorensen will continue to serve on the Jaguar Land Rover board.
- Kosaraju Veerayya Chowdary and Guenter Karl Butschek will join the board of TML Commercial Vehicles Ltd.
These appointments reflect Tata Motors’ commitment to enhancing corporate governance, with a diverse mix of experience across financial, industrial, and international domains.
Key Takeaway
- Shailesh Chandra will take over as MD & CEO of Tata Motors from October 1, 2025.
- Tata Motors is demerging into two listed companies, with Girish Wagh to lead commercial vehicles and PB Balaji becoming CEO of Jaguar Land Rover UK.
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