diff --git a/packages/browser-wallet/CHANGELOG.md b/packages/browser-wallet/CHANGELOG.md
index 89862b8a..aee88b19 100644
--- a/packages/browser-wallet/CHANGELOG.md
+++ b/packages/browser-wallet/CHANGELOG.md
@@ -6,6 +6,10 @@
 
 -   Recovery can now be aborted when an identity has not yet been found.
 
+### Fixed
+
+-   An issue where, in some cases, the wrong list of identity providers was used when recovering from the wallet settings menu.
+
 ## 1.3.2
 
 ### Added
diff --git a/packages/browser-wallet/package.json b/packages/browser-wallet/package.json
index 278c0de8..a81ccaec 100644
--- a/packages/browser-wallet/package.json
+++ b/packages/browser-wallet/package.json
@@ -1,7 +1,7 @@
 {
     "name": "@concordium/browser-wallet",
     "private": true,
-    "version": "1.3.2",
+    "version": "1.4.0",
     "description": "Browser extension wallet for the Concordium blockchain",
     "author": "Concordium Software",
     "license": "Apache-2.0",
diff --git a/packages/browser-wallet/src/popup/store/settings.ts b/packages/browser-wallet/src/popup/store/settings.ts
index 80c82a06..a7cf8c6e 100644
--- a/packages/browser-wallet/src/popup/store/settings.ts
+++ b/packages/browser-wallet/src/popup/store/settings.ts
@@ -13,7 +13,7 @@ import { storedAllowlist, storedCredentials } from '@shared/storage/access';
 import { GRPCTIMEOUT, mainnet } from '@shared/constants/networkConfiguration';
 import { atomWithChromeStorage } from './utils';
 import { selectedAccountAtom } from './account';
-import { selectedIdentityIndexAtom } from './identity';
+import { identityProvidersAtom, selectedIdentityIndexAtom } from './identity';
 
 export const encryptedSeedPhraseAtom = atomWithChromeStorage<EncryptedData | undefined>(
     ChromeStorageKey.SeedPhrase,
@@ -37,8 +37,12 @@ export const networkConfigurationAtom = atom<NetworkConfiguration, NetworkConfig
         const selectedAccount = credentials?.length ? credentials[0]?.address : undefined;
         const accountPromise = set(selectedAccountAtom, selectedAccount);
 
+        // As identity providers are different per network, we must also reset the list of cached
+        // identity providers when the network configuration is changed.
+        const identityProviderPromise = set(identityProvidersAtom, []);
+
         // Wait for all the derived state of a network change to be done before broadcasting
-        await Promise.all([networkPromise, identityPromise, accountPromise]);
+        await Promise.all([networkPromise, identityPromise, accountPromise, identityProviderPromise]);
 
         const allowlist = await storedAllowlist.get();
         popupMessageHandler.broadcast(EventType.ChainChanged, networkConfiguration.genesisHash, {