Kenneth Gregor will replace Viki Bhatia in his new role with JLR.

 British luxury carmaker Aston Martin on Monday appointed former Jaguar Land Rover Chief Financial Officer Kenneth Gregor as its finance head with immediate effect, replacing Viki Bhatia who was holding the role on an interim basis.

Gregor’s appointment comes soon after the 107-year-old firm confirmed that Tobias Moers, chief executive officer of Mercedes-AMG, would become its CEO on Aug. 1.

Last month, Aston Martin chief executive Andy Palmer left the iconic British luxury carmaker after six years at the wheel.

He was replaced by Tobias Moers, Head of Mercedes-AMG, the performance division of German car giant Daimler.