Ed Hill will be leaving his position as Head of Government Affairs at the Bank Policy Institute (BPI) on March 22. He is set to join Forbes Tate, a multi-client advocacy firm. In light of Hill's departure, Erik Rust, who currently serves as Deputy Head of Government Affairs, will be promoted to fill the role.

BPI President and CEO Greg Baer expressed mixed feelings about the transition: “Ed Hill is one of a kind, and has brought both fine work and great spirit to BPI, so we are sorry to see him go; we’re excited, though, to elevate Erik to his new role.” Baer emphasized Rust's capabilities by stating that “as a trusted advocate on Capitol Hill, Erik will advance BPI’s advocacy efforts through his deep policy knowledge on a range of issues important to our members.”

Kate Childress, Executive Vice President and Head of Public Affairs at BPI, also commented on the leadership change: “We’re sad to see Ed leave, but we’re delighted to have Erik take the helm. Erik’s banking policy expertise and fluency in the legislative process will enable him to serve our membership adeptly in this new role.”

Hill has been leading BPI's government affairs team for three years following his tenure as a government affairs executive at Bank of America. Rust joined BPI in 2020 and has spent the past year as Deputy Head of Government Affairs. His prior experience includes roles at the U.S. Chamber of Commerce and working as a staffer in the House of Representatives.

The Bank Policy Institute represents major banks in the United States, including universal banks, regional banks, and foreign banks operating within the country. The organization employs nearly two million Americans and plays a significant role in small business lending and financial innovation.