EML Payments chair David Liddy has announced his resignation from the board, just three months after taking on the role. Two other directors have also resigned. EML continues to shake up its executive ranks and its board as the trouble-plagued company implements a new strategy. Liddy, a banking industry veteran, was appointed chair in November after the former chair Peter Martin was voted off the board. But Liddy has been on the board since 2012 – and that is a full term in the opinion of most proxy advisers. Tony Adcock, a former banking executive who was appointed in 2011, and Melanie Wilson, a former retail executive who was appointed in 2016, will leave with Liddy on or before the 2023 annual general meeting. EML has been in strife with Irish and UK regulators over problems in its operations in those markets that go back to May 2021. The company has done a poor job of fixing the problems and regulatory intervention is ongoing. EML appointed a new chief executive, Emma Shand, last July and in January its chief financial officer Robert Shore left. Shand is implementing a new strategy that involves better integrating a number of businesses that have been acquired over the years, improving risk management, narrowing the focus of the business to a few segments, including financial services, and moving into digital services.