New Delhi, Aug. 6 -- Tata Group chairperson Natarajan Chandrasekaran is known to be someone who trusts his inner circle of leaders to accomplish the task he has assigned them.

The announcement of group chief financial officer of Tata Motors P.B. Balaji as the new chief executive of British luxury brand Jaguar Land Rover seems to be an example of the long-running instinct of the 62-year-old chairperson of the salt-to-steel conglomerate.

Late on Monday night, the news of the appointment of Balaji emerged just days after it was known that the current chief executive officer (CEO) Adrian Mardell was on his way out. Mardell was JLR's finance chief before taking over as its CEO.

Although Mardell's decision to retire became public just two mo...