SME Corp. Malaysia has announced the appointment of Datuk Teng Chang Khim as its new chairman, effective May 18, 2026. The appointment was made by Entrepreneur and Cooperatives Development Minister Steven Sim Chee Keong.
Datuk Teng holds a Law degree from the University of London and a Master of Business Administration (MBA) from Perdana University. He previously served on the board of Selangor State Development Corporation (PKNS) and brings extensive experience in business, investment and industry development. He has also served as a board member of the Selangor Information Technology and Digital Economy Corporation (SIDEC) and Invest Selangor Berhad.
The former Speaker of the Selangor State Legislative Assembly has significant experience in SME development through his previous roles as Selangor executive councillor overseeing portfolios including Investment, Small and Medium Industries, Trade and Transport from 2014 to 2018, as well as Industry and Trade from 2018 to 2023.
Throughout his career, he also served as chairman of the Selangor Information and Digital Economy Council, vice chairman of the Selangor Halal Industry Council, and organising chairman of the Selangor International Business Summit (SIBS).
SME Corp. Malaysia welcomed the appointment and reaffirmed its commitment to strengthening micro, small and medium enterprises (MSMEs) in Malaysia, particularly through scaling-up initiatives under the 13th Malaysia Plan (RMK13).
At the same time, the agency expressed its appreciation to former chairman Tan Sri Datuk Seri Panglima Bernard Giluk Dompok for his leadership and contributions since assuming the role on April 1, 2023.
