AbstractSecondary 1,3,2‐diazaphospholenes have a polarized P−H bond and are emerging as molecular hydrides. Herein, a class of chiral, conformationally restricted methoxy‐1,3,2‐diazaphospholene catalysts is reported. We demonstrate their catalytic potential in asymmetric 1,4‐reductions of α,β‐unsaturated carbonyl derivatives, including enones, acyl pyrroles, and amides, which proceeded in enantioselectivities of up to 95.5:4.5 e.r.