AbstractAxially chiral biaryl diols have achieved great success in asymmetric catalysis. By contrast, axially chiral biaryl amino alcohols are far less developed. Herein, we have rationally designed a versatileC1‐symmetric biaryl amino alcohol scaffold 1‐(1‐amino‐pyrrol‐2‐yl)naphthalen‐2‐ol (NPNOL) on the basis of axially chiral C2‐arylpyrrole framework. For its enantioselective synthesis, the chiral phosphoric acid‐catalyzed asymmetric Attanasi reaction between 1,3‐dicarbonyl compounds and azoalkenes had been established. By using this practical method, a wide range of NPNOLs were readily prepared in high yields and excellent atroposelectivities (38 examples, up to 89 % yield and 99 %ee). DFT calculations were performed to reveal the reaction mechanism and the origins of the enantioselectivity. The easy transformations of NPNOL‐derived products into organocatalysts/ligands and their preliminary applications in asymmetric catalytic reactions demonstrated the promising utility of NPNOL.