The monarch who oversaw the first Remembrance Day memorial was King George V. He initiated the first official Remembrance Day in 1919, exactly one year after the end of World War I. The ceremony was held at the Cenotaph in London and was meant to honor the many soldiers who had lost their lives in the war. Today, Remembrance Day is observed in many countries around the world, and is a solemn reminder of the sacrifices made by men and women in the armed forces.