Kohli had earlier won this award in the year 2012, while De Villiers had won the award in 2010.
Indian women's team skipper Mithali Raj has earned nomination in two categories -- Women's ODI Cricketer of the Year and Women's T20I Cricketer of the Year.
Overall seven cricketers have been nominated for two categories each. Apart from Mithali Raj, Mitchell Johnson, de Villiers, Charlotte Edwards, Angelo Mathews, Kumar Sangakkara and Stafanie Taylor's have been shortlisted.
Meanwhile, Australia's Mitchell Johnson and Sri Lanka's Kumar Sangakkara are in line to win their second Sir Garfield Sobers Trophy for the Cricketer of the Year.
Since the inception of the LG ICC Awards in 2004, no cricketer has won this award twice.
England duo of Gary Ballance and Ben Stokes, and New Zealand's pair of Corey Anderson and Jimmy Neeshan have been shortlisted for the Emerging Cricketer of the Year award.
To qualify for that award, a player has to be under the age of 26 and have played fewer than five Tests and/or 10 ODIs at the start of the voting period, which is August 26, 2013.
Two Afghanistan (Mohammad Nabi and Samiullah Shenwari) and two Scotland players (Calum MacLeod and Preston Mommsen) have been nominated for the Associate and Affiliate Cricketer of the Year award.
Based on the 13 months between August 26, 2013 and September 17, 2014, the awards committee will take into account performances by players.
That period includes the ICC World Twenty20 Bangladesh 2014, ICC Cricket World Cup Qualifier New Zealand 2014, ICC World Twenty20 Qualifier UAE 2013, various rounds of the ICC Intercontinental Cup, numerous Pepsi ICC World Cricket League and Championship fixtures, ICC Women's Championship and several bilateral Test, ODI and T20I series.

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