We have successfully developed a series of novel and modular ferrorence‐based amino‐phosphine‐alcohol (f‐Amphol) ligands, and applied them to iridium‐catalyzed asymmetric hydrogenation of various simple ketones to afford the corresponding chiral alcohols with excellent enantioselectivities and conversions (98–99.9 % ee, >99 % conversion, turnover number up to 200 000). Control experiments and density