Jane Sherburne is handing over the reins of senior executive vice president and general counsel of The Bank of New York Mellon Corporation to J. Kevin McCarthy, who will assume the post on April 15.

Sherburne announced in an email to her colleagues that she is stepping down to consider opportunities in both the public and private sectors. McCarthy, senior deputy general counsel, was recruited by Sherburne in 2010 to lead litigation and enforcement. “I am personally thrilled for Kevin and I know he will flourish in his new role,’ she said.