Milorad "Peko" Peković (Serbian Cyrillic: Милорад "Пеко" Пековић; born 5 August 1977) is a Montenegrin former professional footballer who played as a midfielder.

He spent most of his club career in Germany and represented the Montenegro national team at international level.

Born in Nikšić, SR Montenegro, SFR Yugoslavia (now Montenegro), he grew up in Serbia where he moved to as a young boy and started playing football within FK Obilić's youth ranks in 1987.

In 2010, he joined SpVgg Greuther Fürth, with whom he played for two seasons including one in the Bundesliga.

Peković made his debut for Montenegro in a September 2007 friendly match against Sweden and has earned a total of 34 caps, scoring no goals.