Infosys has appointed Michael Pesch as the CEO of Infosys Consulting Holding AG.

Infosys Consulting Holding AG, which was formerly known as Infosys Lodestone, a company which the second largest exporter acquired a few years ago, is looking to strengthen its focus on the business, at a time when clients are skeptical about renewing their IT spends.

His appointment is effective April 1. As chief executive officer of Infosys Consulting Holding AG, Michael will be responsible for Infosys' consulting practice in Europe, Latin America and the Asia Pacific Region and will report into Sanjay Purohit, global head of Infosys Consulting, the company said in a statement.