We report the synthesis and characterization of a series of novel diblock copolymers, poly(cholesteryl methacrylate-b-2-hydroxyethyl methacrylate) (PCMA-b-PHEMA). Monomers, cholesteryl methacrylate (CMA) and 2-(trimethylsiloxy)ethyl methacrylate (HEMA-TMS), were prepared from methyacryloyl chloride and 2hydroxyethyl methacrylate, respectively. Homopolymers of CMA, PCMA, with welldefined molecular weights and polydispersity indices (PDI), were prepared by reversible addition fragmentation and chain transfer (RAFT) method. Precursor diblock copolymers, PCMA-b-P(HEMA-TMS), were synthesized using PCMA as macromolecular chain transfer agent and monomer, HEMA-TMS. Product diblock copolymers, PCMA-b-PHEMA, were prepared by deprotecting trimethylsilyl units in the precursor diblock copolymers using acid catalysts. Detailed molecular characterization of the precursor diblock copolymers, PCMA-b-P(HEMA-TMS), and the product diblock copolymers, PCMA-b-PHEMA, confirmed the composition and structure of these polymers. This versatile synthetic strategy can be used to prepare new amphiphilic block copolymers with cholesterol in one block and hydrogen-bonding moieties in the second block.