Qantas Super pays tribute to Director, Paul Costello

Qantas Super has released a statement following the death of director, Paul Costello, who joined the board in 2014 and was chair of the investment committee, and a member of the remuneration and insurance committees.

Qantas Super chair, Anne Ward, said Costello was a pivotal figure in the super industry, and an enormous asset to the Qantas Super board.

"Even in his last weeks, Paul remained focused on serving the members of Qantas Super, attending Committee meetings and contributing strongly to matters under discussion.

"Among his many achievements as Chair of the Investment Committee, he helped develop a fully integrated investment platform, a new lifecycle option for default members, an enhanced approach to currency management and an improved retirement option.

"He also helped drive the forays into timberland and agriculture, as well as the recent removal of tobacco from our investment portfolios," Ward said.

Qantas Super said it had lost a "fierce advocate" and extended its sincere condolences to Costello's wife, Denise, and their family.