Assoc Prof. Dr. Christos Lemonakis, Hellenic Mediterranean University, Greece
Dr. Christos Lemonakis is an Associate Professor at the Hellenic Mediterranean University (EL.ME.PA.), Department of Management Science & Technology, located in Agios Nikolaos, Crete. Since November 2022, he has been leading courses in banking management, operations, risk analysis, and financial systems. Previously, he served as Assistant Professor (2018–2022) in the same department and held roles as Internal Auditor at Pancretan Cooperative Bank and academic positions at TEI of Crete, TEI of Western Macedonia, Neapolis University Cyprus, and the University of Portsmouth (UK). A Certified Public Accountant (CPA), Certified Management Accountant (CMA), and member of various professional bodies (such as AICPA, IIA, and the Chartered Institute of Taxation), he brings nearly three decades of experience integrating academic scholarship with practical expertise in banking, auditing, and SME management.
👨🎓 Profile
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🎓 Education
Dr. Lemonakis’s academic formation is grounded in quantitative and management disciplines. He earned his Diploma in Production Engineering & Management and a Masters in Business Administration from the Technical University of Crete in 1996 and 1999, respectively. In 2001, he completed a Bachelor’s degree in Economics at the University of Crete. His pinnacle academic achievement came in 2011, with a PhD from the Technical University of Crete on “Efficiency and credit risk of banks in the Eurozone,” combining DEA, SFA, and econometric models – his thesis is accessible online. He further advanced his knowledge with an MSc in Business Economics, Finance & Banking from the University of Portsmouth and TEI of Crete.
💼 Experience
Dr. Lemonakis has a robust career spanning academia and finance. At Hellenic Mediterranean University, he progressed from Assistant to Associate Professor, teaching core modules like Banking Management, Total Quality Management, and SME governance. His professional trajectory includes serving as an Internal Auditor at Pancretan Cooperative Bank (2014–2018), where he conducted risk assessment and compliance audits. Earlier, he contributed as Research Associate at TEI of Crete, TEI of Western Macedonia, Neapolis University Cyprus, and University of Portsmouth, supervising postgraduate theses and delivering courses in Operations Management and Finance. His applied industry experience complements his academic roles, providing students with insights grounded in real-world best practices.
🔬 Research Interests
Dr. Lemonakis’s primary research areas focus on banking efficiency, credit & operational risk, internal audit, SME performance, and financial crises. He extensively explores Greek, Cypriot, and Eurozone banking, focusing on credit risk, Basel frameworks, ALM, and financial stability. His empirical studies utilize DEA, SFA, and econometric techniques. He also investigates SME competitiveness, technology adoption, exports, and innovation management. Further, his interests include anti–money laundering frameworks and internal audit effectiveness, especially in Greek hotels and commercial banks.
🏅 Awards & Honors
Dr. Lemonakis’s extensive professional certifications underscore his recognized expertise: Certified Public Accountant (FCPA, F5131), Certified Management Accountant (CMA, 18-014), membership in the Chartered Institute of Taxation (ADIT reg. 225108), and the American Institute of Internal Auditors (HIIA code 1255, AIIA 1476637). His status as a Fellow CPA attests to his outstanding contribution in accounting and auditing. His published scholarly work in ABS-ranked journals further illustrates academic achievement and scholarly recognition.
📚 Publications Top Notes
Machine learning applications for accounting disclosure and fraud detection
Competitiveness and profitability: The case of chemicals, pharmaceuticals and plastics
Relationship between ESG and corporate financial performance in the energy sector: empirical evidence from European companies
Environmental, social and corporate governance framework for corporate disclosure: a multicriteria dimension analysis approach
Default avoidance on credit card portfolios using accounting, demographical and exploratory factors: decision making based on machine learning (ML) techniques
National Forest Parks development through Internet technologies for economic perspectives
The effect of Baltic Dry Index, gold, oil and usa trade balance on dow jones sustainability index world
How narrative reporting changed the business world: Providing a new measurement tool
Analytical techniques in the assessment of credit risk
Crisis Management and the Public Sector: Key Trends and
Visualizing operational effects of ERP systems through graphical representations: current trends and perspectives