Bulky 2,6‐dibenzhydryl‐4‐methylaniline reacts with 2‐hydroxybenzaldehyde or 2‐pyridinecaboxyaldehyde to form [N,O‐] and [N,N] donor ligands, 2‐(((2,6‐dibenzhydryl‐4‐methylphenyl)imino)methyl)phenol (L1) and N‐(2,6‐dibenzhydryl‐4‐methylphenyl)‐1‐(pyridin‐2‐yl)methanimine (L2), respectively. Schiff bases, L1 and L2 on treatment with metal precursors, MCl2 (M = Pd, Cu or Co) in toluene under reflux conditions afford mono‐ or dinuclear complexes [(L1‐H)2M] (M= Pd (1) and Cu (2)) or [L2(μ‐Cl)M]2 (M= Cu (3) and Co (4)). The ligands and complexes were structurally characterized through single crystal X‐ray diffraction and depending upon the type of compound, further characterized by spectroscopic (IR, Mass, NMR, EPR, UV‐Vis), mircroanalytical (CHN), thermal (TGA) and electrochemical (CV) techniques. Complex 1 was employed in Suzuki‐Miyaura coupling whereas complexes 2‐4 were studied for the oxidation of secondary alcohols. These were found to be efficient catalysts for the respective reaction systems.