United Nations Secretary-General António Guterres remains firmly in office midway through his second term, which expires December 31, 2026, with trader consensus at 68.5% implying no early departure as the successor selection process advances on schedule. Recent candidate hearings before member states on April 23 highlighted a competitive field, including Ecuador's former foreign minister among nominees, signaling a routine transition rather than abrupt change. Guterres continues active duties, including a May 13 address in Addis Ababa urging African reforms and an April 27 Security Council session on maritime security amid Strait of Hormuz tensions. Absent scandals, health issues, or resignation signals, markets reflect expectations of him completing his mandate amid ongoing UN financial and reform priorities.