No other outdoor monument in the historic centre of Florence represents it neighbourhood as much as the statue of Ludovico di Giovanni de' Medici, known as Giovanni dalle Bande Nere, situated in piazza San Lorenzo. Grand Duke Cosimo I de' Medici commissioned the statue in honour of his father, the last of the great mercenary military captains, and sculptor Baccio Bandinelli began working on it in 1540. Uncharacteristically, Bandinelli presented his subject seated on a throne-like chair. He doubtlessly thought this was appropriate: the statue was to rest on a pedestal inside the Basilica of San Lorenzo. But Cosimo I changed his mind and had the statue installed in Palazzo Vecchio, in the Sala dell'Udienza.