Mumbai: Fibe, a digital lending platform, has announced the elevation of Vimal Saboo to Chief Executive Officer of EarlySalary Services Private Limited (ESPL), its licensed NBFC (Non-Banking Financial Company) arm. Vimal takes on this role after serving as Chief Business Officer and being part of the organization’s leadership team for over nine years.
This appointment is a significant step in Fibe’s ongoing effort to strengthen its lending business through more focused leadership. In this role, Vimal will lead efforts to scale ESPL’s lending operations, enhance digital infrastructure and build tailored credit solutions for underserved customer segments. He will also focus on expanding the company’s reach through strategic partnerships and integrating ESG (Environmental, Social, and Governance) principles to support sustainable, long-term growth.
With over two decades in financial services, Vimal has built deep expertise across lending, analytics, risk, and business strategy. At ESPL, he has led several cross-functional initiatives that have contributed significantly to the company’s expansion and operational efficiency – making him a natural choice for this role.
“Vimal has been a driving force behind ESPL’s evolution and success,” said Akshay Mehrotra, Co-founder & Group CEO of Fibe. “His elevation to CEO of ESPL reflects our intent to strengthen our lending business and build a leadership structure that allows sharper focus at both the group and business unit levels. I’m confident Vimal will continue to drive excellence, agility, and customer-centric growth at ESPL.”
“It’s a privilege to lead ESPL at such a defining moment in our growth story. Having been part of the company’s journey for nearly a decade, I’ve seen first-hand the transformative power of innovation in lending. My focus will be on driving scale with responsibility, fostering customer trust, and building agile, tech-driven financial solutions that meet the evolving needs of India’s borrowers. I’m grateful to Akshay, Ashish and the board for their continued support, and excited for what lies ahead,” said Vimal Saboo, CEO of ESPL.
This leadership development comes as Fibe prepares to refine organizational structure aimed at sharpening business vertical focus, fostering better governance, and laying the groundwork for the company’s next phase of innovation-led growth.
