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Walther stepping down at Clerical

Clerical Medical chief executive Robert Walther is retiring before the end of the year and will be replaced by current managing director John Edwards.

Walther has been overseeing the integration of Equitable Life with the Halifax group after Edwards was made managing director in February this year.

Walther, 57, has been with Clerical since 1965 and was made chief executive in 1995. Edwards, 45, joined Clerical in 1993 and has been a board member in 1998.

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