FHLB Office of Finance names William Rachal chief operating officer

By Marisa Wong

Milwaukee, March 4 - The Federal Home Loan Banks Office of Finance announced that William Rachal Jr. has been appointed chief operating officer, effective March 8.

As COO, Rachal will oversee debt issuance, marketing, operations, information technology and research.

Rachal joins the Office of Finance after nearly 25 years with Sallie Mae, where he was most recently senior vice president of corporate finance. He directed Sallie Mae's unsecured debt funding programs and was involved in the financing of Sallie Mae's conversion to a private entity.

He has experience in funding, treasury operations, liquidity management, derivatives and risk management.

Rachal is a graduate of Washington and Lee University.

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