Brian W. Nocco has been hired as chief financial officer, a newly created post, at Imperial Financial Group Inc., Los Angeles.

Imperial Financial was formed last year as a vehicle for spinning off specialty businesses of Imperial Bancorp including the Lewis Horwitz Organization entertainment lending business, Imperial Bank's small-business lending division, Imperial Trust Co., and Imperial Credit Industries Inc.

Regulatory approval for the spinoff is expected this summer, an Imperial Bancorp spokeswoman said.

Mr. Nocco was a senior vice president and chief compliance officer of Chubb Corp., an international property and casualty insurance company based in Warren, N.J. Before that he had been treasurer of Continental Bank Corp., Chicago, which BankAmerica Corp. bought in 1994.

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