The president of Paraguay, officially known as the president of the Republic of Paraguay, is according to the Constitution of Paraguay the head of the executive branch of the government of Paraguay, both head of state and head of government. His honorific title is Su Excelencia.

Santiago Peña Palacios is a Paraguayan politician and economist who is the 52nd and current president of Paraguay since 2023. In addition to his political career, Peña has served on leadership boards for the Central Bank of Paraguay and Banco Amambay. He has also taught economics at the Catholic University of Asunción, and has published research papers on monetary policy and finance.