Hylands steps down from the role, which he has occupied for three years, to become executive director of the demutualisation project.
Headhunters, Heidrick and Struggles, have been appointed to conduct the search for the man to replace him.
The project has also seen PricewaterhouseCoopers appointed as reporting accountants on the project. The firm was named alongside Merrill Lynch and UBS, appointed financial advisors, Watson Wyatt, as actuaries, and Slaughter & May and Dundas & Wilson (Scotland) as legal advisors.
Standard Life has been a mutually-owned business for 178, but has been forced to demutualise because of the new regulatory regime introduced by the FSA.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements