Designed by Italian sculptor Pietro Canonica and built in two and a half years with financial support from the population, it was unveiled by Dr. Hakkı Şinasi Pasha on August 8, 1928.

[1] The 11 m (36 ft) high monument portrays the founders of the Turkish Republic, with prominent depictions of Mustafa Kemal Atatürk, İsmet İnönü and Fevzi Çakmak.

Semyon Ivanovich Aralov, Ambassador of the Russian SFSR in Ankara during the Turkish War of Independence, is among the group of people behind Atatürk (his figure wears a cap and stands behind İsmet İnönü, on the southern facade of the monument).

[2] His presence in the monument, ordered by Atatürk, points out to the financial and military aid sent by Vladimir Lenin in 1920, during the Turkish War of Independence (1919–1922).

[2] Cumhuriyet Anıtı is an important site, where official ceremonies on national holidays are being held.