State Street Global Advisors has found a new general counsel internally, as its current legal leader prepares for retirement.

Kate McKinley took over as general counsel for State Street Global Advisors on Jan. 22. She’s stepping in for Phil Gillespie, who has been in the position since 2008.

McKinley started at State Street Global Advisors in 2010, according to her company bio. Prior to that, she worked as an assistant general counsel with Bank of America, and before that she was an associate with WilmerHale.

McKinley was chief operating officer of the Americas institutional client group at State Street, where she handled the daily management and operation of the company’s institutional business in North America and Latin America.

In their note to the company announcing McKinley’s promotion, State Street President and CEO Cyrus Taraporevala, as well as other executives, noted McKinley’s career trajectory.

“We believe this combination of experiences—having served investment managers as outside counsel, working as in-house counsel to two different asset managers, and leading a significant business function with global responsibilities—makes Kate uniquely qualified to lead the State Street Global Advisors Legal team and strategy,” the leaders wrote.

Gillespie has served as executive vice president and general counsel at State Street Global Advisors since 2008. His company bio says his role involves overseeing attorneys and paralegals in Boston, the company’s U.S. base, and six foreign financial centers, including London, Tokyo, and Hong Kong.