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 30 years’ experience in corporate finance and strategy development.  He has significant experience in providing advice on capital structure, mergers and acquisitions, disposals, corporate and project finance debt, equity capital markets and private equity.  This experience has been across sectors which include agribusiness, infrastructure, power generation, renewable energy, manufacturing, mining, mining services, oil and gas, technology and healthcare.

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, including private equity, project finance and corporate advisory roles, at Pratt Group, AIDC Australia, KPMG Corporate Finance and Westpac.  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.