Fibe elevates Vimal Saboo as CEO of ESPL

Fibe, a digital lending platform, has announced the elevation of Vimal Saboo to chief executive officer of EarlySalary Services (ESPL), its licensed NBFC (Non-Banking Financial Company) arm. Saboo takes on this role after serving as chief business officer and being part of the organisation’s leadership team for over nine years. 

In this role, Saboo 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, Saboo 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 and 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.