TORONTO — British comic Ricky Gervais is being recognized with this year's Sir Peter Ustinov Comedy Award at the Banff World Television Festival.

The creator of the hit U.K. TV show "The Office" will be feted at the festival in June, when he's also set to discuss his career and success.

Gervais says the award is "probably the greatest honour" of his career, adding that "only the Nobel Peace Prize can top this."

The award acknowledges outstanding comedic performances. Previous recipients include John Cleese, Bob Newhart, Martin Short and Tracey Ullman.

Gervais shot to fame after starring and creating "The Office," considered one of the most successful British TV comedies ever. It spawned the U.S. remake starring Steve Carell.

The Banff World Television Festival draws some of the biggest names in broadcasting, television production, distribution and digital media. It runs June 13 to 16.