From Longman Business Dictionary
nominationnom·i·na·tion /ˌnɒməˈneɪʃənˌnɑː-/ noun [countableC, uncountableU]1the act of officially suggesting someone for a job, position, or prize, or the fact of being suggested for itAll the committee’s nominations were approved.
2the act of choosing someone for a particular job, or the fact of being chosennomination asO'Neil’s nomination as chief executive