Fibe, the digital lending platform, has elevated Vimal Saboo as Chief Executive Officer of EarlySalary Services (ESPL), its licensed NBFC arm. Saboo steps into this role after serving as Chief Business Officer and being part of Fibe’s leadership team for over nine years.
The move signals Fibe’s intent to sharpen its focus on lending operations with dedicated leadership. As CEO of ESPL, Saboo will lead efforts to scale the business, strengthen its digital infrastructure, and build credit solutions for underserved segments. His mandate includes expanding reach via strategic partnerships and integrating ESG principles for sustainable growth.
With over two decades of experience across lending, analytics, risk, and strategy, Saboo has led multiple cross-functional initiatives within ESPL that have contributed to its growth and efficiency — making him a natural choice for the role.
Akshay Mehrotra, Co-founder & Group CEO of Fibe, said, “Vimal has been a driving force behind ESPL’s evolution and success. 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.”
Vimal Saboo, CEO of ESPL, said, “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.”
