Transition metal catalyzed nitrene transfers provide nitrogen containing compounds through C−H bond insertion, aziridination of olefins, and other types of reactions. Given the importance of these compounds in natural products and pharmaceuticals, tremendous efforts have been devoted to the development of efficient and reliable catalytic methods. In particular, the last decade has seen a remarkable progress in catalyst‐controlled chemoselective nitrene transfers, wherein different products can be obtained from a single substrate by the choice of catalyst. This Minireview covers this important and emerging area. We explain the principle of catalyst‐controlled synthesis, followed by highlighting literature examples for intra‐ and intermolecular reactions with an emphasis on the understanding of the nature of reactive intermediates and the strategy needed to realize selectivity. Finally, future directions are discussed based on the literature precedents.