More electron donating, more rigid: A new highly electron‐donating P‐stereogenic bisphospholaneligand (ZhangPhos) was synthesized in a practical and highlyenantioselective manner from a commercially available chiral source. Better or comparable enantioselectivities and reactivities than TangPhos were achieved in rhodium‐catalyzed hydrogenation of various functionalized olefins (see scheme; nbd=3