Pankaj Upadhyay

Driving Growth, Investment & Transformation Across Energy | Strategy | Investments | Portfolio Performance | Techno-Commercial | Oil & Gas | Petrochemicals | Energy Transition | Utilities | MENA, Europe, and Asia

Kuwait City, Al Asimah, Kuwait

About

With 20 years of experience in strategy, management consulting, and corporate finance, I specialize in shaping high-impact strategies and investment decisions across the oil & gas, petrochemicals, energy, utilities, and renewables sectors. My core strength lies in blending strategic vision with financial acumen and technical depth. I’ve led transformation programs, portfolio optimization efforts, and M&A advisory across global markets — delivering strategic insights and actionable recommendations to C-suite leaders of national and international energy companies. From feasibility studies and techno-commercial evaluations to corporate planning and market entry strategies, I bring a data-driven, results-oriented approach to solving complex business challenges. My work spans diverse geographies including MENA, Asia Pacific, the UK, and India, and consistently focuses on unlocking enterprise value through robust analytics, stakeholder alignment, and forward-looking strategy. I’m passionate about developing people and building high-performing, cross-functional teams. My leadership approach balances analytical rigor with a deep understanding of market dynamics — enabling organizations to navigate disruption, seize growth opportunities, and deliver sustainable value. Core Competencies: Strategic Planning | M&A | Portfolio Optimization | Refining & Petrochemicals Market Analysis | Investment Analysis | Financial & Business Modelling | Corporate Strategy & Finance | Market Entry Strategies | Commercial Due Diligence | Feasibility Studies | Asset Profitability | Commodity Forecasting | Business Transformation Key Sectors: Oil & Gas | Refining | Petrochemicals | Chemicals | Renewables & Utilities

Experience

  • Portfolio Business Valuation and Economics at Q8
    Mar 2023 - Present · 3 yrs 4 mos

  • Partner- Strategy & Operations at KonnectStrategy
    May 2019 - Mar 2023 · 3 yrs 11 mos

    Advised national energy companies, utilities and renewables developers on corporate strategy, energy transition and investment evaluation. Key Engagements ACWA Power Strategy, Sustainability & Risk | Dubai | Jan 2022 – Feb 2023 • Co-led development of Energy Transition and decarbonization strategy, supporting growth across Asia-Pacific and MENA. Emirates National Oil Company (ENOC) Strategy & Business Transformation | Dubai | Oct 2019 – Nov 2020 • Executed a Group-wide strategic review, identifying material value creation and transformation opportunities. • Advised many other renowned utilities, SWFs, and global consulting firms on energy transition, investment strategy, and sector transformation.

  • Strategy, Sustainability & Risk at ACWA Power
    Jan 2022 - Feb 2023 · 1 yr 2 mos

    Energy Transition Strategy

  • Strategy and Business Transformation at ENOC
    Oct 2019 - Oct 2020 · 1 yr 1 mo

  • Group Financial Analyst - Financial Planning & Analysis (FP&A)GlassPoint - A Shell/PDO/SGRF Venture at GlassPoint Solar
    Apr 2018 - Apr 2019 · 1 yr 1 mo