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Rahool Panandiker

Partner & Managing Director


Rahool Pai Panandiker has been with The Boston Consulting Group since 2005. He joined the firm’s Lisbon office before transferring to India. He is a core member of the Energy practice and has deep functional experience in the operations, people and organization, and strategy. Within the Energy practice, Rahool’s focus has been on the upstream oil and gas topic.

Among his many other projects, Rahool has assisted the engineering and technical consultancy division of a major Portuguese toll road operator in defining a strategic plan and developing and implementing a business plan. He also worked with the holding company of a large Portuguese industrial conglomerate reviewing existing operations and defining strategic options.

More recently, with a focus on serving clients in the oil and gas Sector in India, Rahool has been involved in upstream topics including strategy, corporate development, market entry, and business development, organization, processes, operational improvements and turnaround, and management of large capital projects. He also has extensive experience working with domestic power utilities and with government entities on issues related to regulation and policy development.

Prior to joining BCG, Rahool conducted research and taught at various universities in the US and Portugal. In 2001, he worked as project study director for an educational project in Goa, India.

He is fluent in English, Hindi, Marathi, and Portuguese, as well as his native language, Konkani.

Areas of Expertise

  • Upstream oil and gas, including strategy, corporate development, and market entry and managing large capital projects
  • Oil and gas value chain
  • Regulation and policy development
  • Business plan implementation
  • Operational improvements and turnaround


  • PhD, chemical engineering and petroleum refining, Colorado School of Mines
  • MBA, finance and general management, Catholic University of Portugal
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