In a statement, the brothers revealed that they've hired Ian Rank-Broadley, who created the effigy of Queen Elizabeth that has adorned all British coins since 1998. In their statement, Princes William and Harry took time to thank fans of the royal family for the support and memories they've shared during this tough year.
"We have been touched by the kind words and memories so many people have shared about our mother over these past few months. It is clear the significance of her work is still felt by many in the U.K. and across the world, even 20 years after her death," they said. "Ian is an extremely gifted sculptor, and we know that he will create a fitting and lasting tribute to our mother. We look forward to unveiling the statue, which will allow all those who visit Kensington Palace to remember and celebrate her life and legacy."