David Rule took over the role of executive director of insurance supervision at the Bank of England from Sam Woods in July 2016, landing himself in a prime position to influence the reform of Solvency II and what changes the UK could make in the light of Brexit. Aside from a spell as chief executive of the International Securities Lending Association, he has spent most of his career at the regulator, notably as executive director of prudential policy, and before that as director for international UK banks.