Recruitment giant Adecco Group is to take on David Hancock as its new head of investor relations, with incumbent Karin Selfors-Thomann moving to a new leadership position in the group.

Hancock takes up the Zurich-based role at the beginning of June from financial services firm Morgan Stanley, where he has been working for the past 11 years, most recently as executive director and head of the European business services team.

Selfors-Thomann will join the leadership team at Pontoon, Adecco’s contingent workforce solutions, recruitment process outsourcing and workforce consulting business. He will be senior vice president and head of sales for North America, based in Florida.