By Sreeradha Basu
Bengaluru: Digital lending platform Fibe has elevated Vimal Saboo to Chief Executive Officer of EarlySalary Services Private Limited (ESPL), its licensed NBFC (Non-Banking Financial Company) arm, the company said in a statement on Friday.Saboo takes on this role after serving as Chief Business Officer and being part of the organisation鈥檚 leadership team for over nine years.This appointment is a significant step in Fibe鈥檚 ongoing efforts to strengthen its lending business through more focused leadership. In this role, Saboo will lead efforts to scale ESPL鈥檚 lending operations, enhance digital infrastructure and build tailored credit solutions for underserved customer segments. He will also focus on expanding the company鈥檚 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鈥檚 expansion and operational efficiency.鈥淰imal has been a driving force behind ESPL鈥檚 evolution and success,鈥 said Akshay Mehrotra, Co-founder & Group CEO of Fibe. 鈥淗is 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鈥檓 confident Vimal will continue to drive excellence, agility, and customer-centric growth at ESPL.鈥滾ive Events鈥淚t鈥檚 a privilege to lead ESPL at such a defining moment in our growth story. 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鈥檚 borrowers,鈥 said Vimal Saboo, CEO of ESPL.This leadership development comes as Fibe prepares to refine organisational structure aimed at sharpening business vertical focus, fostering better governance, and laying the groundwork for the company鈥檚 next phase of innovation-led growth.(You can now subscribe to our Economic Times WhatsApp channel)
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onFibeVimal SabooEarlySalary ServicesCEONBFCdigital lendingsustainable growthESGfinancial servicesESPL(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless