António Guterres is serving the final months of his second term as UN Secretary-General, which concludes on 31 December 2026 under the standard five-year appointment cycle. The formal selection process for his successor is already advanced, with multiple candidates nominated by member states, interactive dialogues completed, and Security Council straw polls underway as of mid-2026. Guterres continues to fulfill official duties, including recent public statements on climate action, AI governance, and diplomatic visits, without reported institutional challenges or resignation pressures that would trigger an early departure. Trader consensus on the “No” outcome at 74.5% aligns with the predictable timeline for term completion and the absence of extraordinary events altering the appointment process.