He was the leader of the Party of United Pensioners of Serbia, Deputy Prime Minister of Serbia in charge of social affairs, appointed on 7 July 2008 and Minister of Labour, Employment and Social Policies from 27 July 2012 until his death on 22 April 2014.

His surname derived from the last name Babić of his ancestors who lived near Krka river in Skradin.

[1] Krkobabić graduated from the University of Belgrade's Faculty of Political Sciences, where he earned his doctoral degree.

[citation needed] Jovan Krkobabić died in 2014, aged 84.

[3] His successor as party leader is his son, Milan Krkobabić.