The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Peter Eigen

Chairman, Transparency International

Talking to Peter Eigen in the bar of a hotel in Uzbekistan during the European Bank for Reconstruction & Development annual meeting, Euromoney is reminded strongly of the hero of John le Carré's novel The Constant Gardener.

The novel is about a young diplomat in Kenya who turns a blind eye to official corruption in the name of good diplomacy, while his more radical and idealistic wife performs heroic work in the Nairobi slums. Her murder by a multinational pharmaceutical company prompts the diplomat to stop sitting on the fence and start actively campaigning against corruption himself.

Corruption: a banned word Peter Eigen, the German chairman of global NGO Transparency International, started his 10-year fight against corruption in Nairobi, where he worked as head of sub-Saharan Africa for the World Bank. While working at the Bank, he felt keenly the necessity of "having to straddle different points" - trying to help the poor, while also mobilizing the rich, and working with governments that were often, as was the case with that of president Daniel arap Moi in Kenya, riddled with corruption. The Bank's official policy at that time was to keep quiet about corruption. Indeed, says Eigen: "You weren't even allowed to mention the word in reports, even though corruption was destroying everything we did."

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree