A vinylpyridine block copolymer was prepared by stepwise controlled/living radical polymerization with a novel bifunctional initiator, 4‐(2‐bromopropanoyloxy)‐N‐(p‐methylbenzyloxy)‐2,2,6,6‐tetramethylpiperidine. The initiator was synthesized in a facile manner using commercially available p‐xylene and 4‐hydroxy‐2,2,6,6‐tetramethylpiperidine‐1‐oxyl (4‐hydroxy TEMPO). Through stepwise atom transfer radical polymerization (ATRP) of methyl methacrylate (MMA) and nitroxide‐mediated radical polymerization (NMRP) of 4‐vinylpyridine (4VP), the PMMA‐b‐P4VP copolymer was prepared with a wide range of the copolymer compositions. Microphase‐separation was demonstrated in cross sectional TEM images of self‐standing block copolymer membranes.