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Tony Stenning, who has led BlackRock’s retirement unit in Europe, the Middle East and Africa since 2015, is to leave the company.

In a memo to staff seen by Financial News, Alex Hoctor-Duncan, head of Emea retail at BlackRock, said Stenning was taking a "well-earned break" before "deciding on the next chapter of his career". He will leave next year.

A 16-year veteran who helped build the US firm's presence in UK retail, is to quit the investment giant

Elizabeth Pfeuti

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BlackRock loses Emea retirement chief

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