Rahool Pai Panandiker has been with Boston Consulting Group since 2005. He joined the firm’s Lisbon office before transferring to India. He is a core member of the Energy and Corporate Finance & Strategy practices and has considerable functional experience in innovation, operations, people and organization, and strategy. Within the Energy practice, Rahool’s focus has been on the oil and gas industry, renewables, and climate and sustainability.

Among his many other projects, Rahool has helped a large oil player develop a strategy for innovation and product development, helped a fuel retailer envision and launch four innovative new non-fuel businesses, and supported the definition and rollout of the fuel marketing strategy for a major oil marketing company, defined the gas strategy for a downstream oil and gas company, and defined and implemented the strategy for a midstream and downstream gas player.

Serving clients in the oil and gas industry in India, Rahool has been involved in downstream topics including strategy, corporate development, market-entry, innovation 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 also worked as project study director for an educational project in Goa, India. He is fluent in English, Hindi, Marathi, and Portuguese, as well as in his native language, Konkani.


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