EML Payments Limited announced that Mr. Peter Lang has been appointed Chief Corporate Development Officer (CCDO) effective 1 September 2023 and will remain on the Board as an Executive Director. Mr. Lang has been actively involved in several important initiatives since being appointed to the Board as a non-Executive Director on 22 February 2023. In particular, he has taken carriage of the strategic review, supporting remediation activities including chairing the Board's Regulatory Remediation Committee and re-negotiating interest yields on customer float leading to material gains.

In his Chief Corporate Development Officer role, Mr. Lang will also provide the leadership team with greater capacity to concentrate on customers, revenue, cost reduction and product development. Mr. Lang will inject valuable commercial skills to ongoing Strategic Review activities together with key revenue initiatives.