Victor J Menezes, retired as Senior Vice Chairman of Citigroup. Before that, he was Chairman and CEO of Citibank. Victor is now a Senior Advisor to New Silk Route Partners, a private equity firm founded by Rajat Gupta of McKinsey and Parag Saxena. In the US, there was a demand for a cap on financial sector salaries especially after the government bailed out banks during the financial crisis.