Headway Capital provides a full range of corporate finance services to public and private companies with a growth imperative, as well as Government agencies.  We help businesses realise their strategic objectives through inorganic growth, divestment of non-core assets, capital raisings, debt finance and project financing.

Ric Sotelo – Managing Director

Ric Sotelo is Managing Director of Headway Capital.


Ric is a highly experienced senior business executive, with over 25 years’ experience in corporate finance and strategy development.  He has significant experience in providing advice on mergers and acquisitions, project finance and capital raisings.  This experience has been across sectors which include infrastructure, energy, circular economy, medtech, critical minerals, mining, manufacturing, technology and healthcare.  Ric is an Industry Fellow at the Department of Banking and Finance, Monash Business School.

He began his career working for ICI Australia (now Orica) and Dow Chemical as a chemical engineer.  After completing an MBA, he moved into corporate finance roles at several major industrial companies and in financial services.  Ric has worked in corporate finance and corporate development roles in large and mid-sized industrial companies including Rio Tinto, Jemena and Molopo Energy.  

His qualifications include a Bachelor of Engineering in chemical engineering (First Class Honours) from the UNSW, an MBA from the University of Melbourne and CPA.  Ric is a Member of the Australian Institute of Company Directors, a Member of CPA Australia, and a Fellow of the Institution of Chemical Engineers.