A new rotationally hindered diphosphoramidite ligand has been applied to the Rh-catalyzed hydroformylation of various olefins. Good activity as well as excellent regioselectivity toward the formation of linear aldehydes were achieved. Remarkable performances were also observed in the hydroformylation of functionalized olefins, including methyl acrylate, allyl acetate, crotonaldehyde ethylene acetal and styrene.