Mischler Financial Group has announced a further expansion of the firm’s institutional cash management services and environmental, social and governance (ESG)-powered money market fund platform. The firm’s liquidity solutions group will be led by former Bank of America executives La-Yona Rauls and Christopher Walsh.

“We know that clients have many options within the context of firms they look to for value-added solutions," said Dean Chamberlain, Mischler’s CEO. "The corporate treasury executives and asset managers who are already acquainted with La-Yona and Chris know they can be counted on to provide a truly bespoke approach for any client who requires objective guidance for cash market products and smart liquidity management strategies.”

Rauls joins Mischler as managing director, head of Corporate Cash Strategies. She brings the firm and its clients more than two decades of experience and product fluency across the spectrum of domestic/offshore money market mutual funds, rates, money markets, structured products, municipals and IG Corporate debt. Prior to joining Mischler, Rauls held successively senior roles for Bank of America Merrill Lynch, where she most recently served as director, Western Region Sales and team lead for all Western Region business initiatives focused on large corporate, middle markets and business banking lines of business. Rauls is also credited with creating and hosting an annual round-table event for Fortune 100 finance executives and securities industry thought leaders focused on ESG and green investing themes, governance, as well as diversity and inclusion best practices.

Walsh joins Mischler as head of Short-Term Fixed Income and Global Liquidity Solutions. A 25-year cash markets veteran, he has held senior roles for BGC Partners and Bank of America, where he was head of Short-Duration Sales and Global Investment Solutions. Walsh was also director of Fixed Income Institutional Sales for Credit Suisse.