Kohli was the unanimous choice by the select group of experts. He picked up the trophy at the end of the World T20 at the Sher-e-Bangla Stadium on Sunday night.
The right-handed Kohli was in great form throughout the tournament. He was the highest run scorer with 319 with four half centuries including one in the final.
In the lead up to the final, the 25-year-old scored 242 runs in five matches at an average of 121, including innings of 36 not out against Pakistan, 54 against the West Indies, 57 not out against Bangladesh, 23 against Australia and a match-winning 72 not out against South Africa in the semi-final.
David Boon of the Elite Panel of ICC Match Referees was the chairman of the independent jury that selected the "Player of the Tournament", ICC said.
Other members of the panel included Marais Erasmus of the Elite Panel of ICC Umpires, former Pakistan captain Wasim Akram, ex-England captain Nasser Hussain, former West Indies fast bowler Ian Bishop and Utpal Shuvro, one of Bangladesh's senior-most cricket correspondents.