Beloved rector retires in favour of new churchman (4)

I believe the answer is:

dean

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'churchman' is the definition.
(I've seen this before)

I don't understand the remainder of the clue.

(Other definitions for dean that I've seen before include "A senior clergyman - Swift was one" , "James ..., film actor" , "Head of e.g. faculty" , "Clergyman; narrow valley" , "Cathedral official" .)

I've seen this clue in The Hindu.

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