OECD Draws on Siemens Corruption Experience With Force Head

Siemens AG’s Klaus Moosmayer has been appointed by the Organization for Economic Co-operation and Development’s business advisory committee as its anti-corruption taskforce head, drawing on the German company’s experience fighting graft.

Moosmayer, Siemens’s chief counsel for compliance issues since 2010, will co-ordinate the Business and Industry Advisory Committee’s efforts to tackle corruption, the Munich-based company said in a statement. He was first given a role tackling sleaze at Europe’s largest engineering company in 2007, the same year a new chief executive officer was hired to clean up after a bribery scandal.