Colombian arts bags $1 million Nomura Art Award

Colombian artist Doris Salcedo wins the first Nomura Art Award in Shanghai on Oct 31. Colombian artist Doris Salcedo won the first Nomura Art Award in Shanghai on Oct 31. The $1 million prize is the highest in the contemporary visual art world and will be used to help the artist produce a new creation that was otherwise impossible to accomplish, according to Hajime Ikeda, a senior executive of Nomura Group. The company launched the Nomura Art Award to encourage creativity and reflect the company's continuous support for art and cultural heritage.