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 downstream oil and gas industry. 

Among his many other projects, Rahool has helped a large oil player develop a strategy for innovation and product development, worked with 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, and helped a fuel retailer envision and launch four innovative new non-fuel businesses. 

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 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.


  • Downstream oil and gas, including corporate finance and strategy, corporate development, and market entry and managing large capital projects
  • Oil and gas value chain
  • Innovation and product development
  • 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
Deep Expertise, Broad Experience