Cash EQ Mining Analyst Quits Nedbank Unit

Heidi Sternberg, a mining analyst at Nedbank Capital’s cash equities business, has stepped down from his role.

Heidi Sternberg, a mining analyst at Nedbank Capital’s cash equities business, has stepped down from his role, Bloomberg reports. Sternberg is joining the securities division of Standard Bank Group. Out of nearly 35 employees in Nedbank’s cash equities team, Sternberg and another mining analyst Christian Siebert stepped down from their role. Nedbank Capital is a unit of Nedbank Group, which is controlled by U.K. insurer Old Mutual.

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