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In May 1990 he became one of the founding members of the Democratic Party's (DS) Youth Wing. In July 1992, he was amongst the group that left DS and led by Vojislav Koštunica founded the Democratic Party of Serbia (DSS). Between 1992 and 1997 he was a Member of the Serbian Parliament on the DSS list as part of the DEPOS coalition.
From December 2000 until February 2008, Petrović was the CEO of Telekom Srbija, the biggest telecommunications company in Serbia. He was one of the longest serving CEOs of a state controlled company in Serbia and gained a reputation as an exceptional manager. He was succeeded at the post by Branko Radujko. Since March 2009 Draško has been appointed to the Democratic Party of Serbia (DSS) Economic Advisory Committee.
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