CUSTOM HOUSE FOUNDER PETER GUSTAVSON HONOURED FOR LIFETIME ACHIEVEMENT.

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VICTORIA, BC, Feb. 1 /CNW-AsiaNet/ --

Peter Gustavson, President, CEO & Founder of Custom House Global Foreign Exchange www.customhouse.com has won the 'Lifetime Achievement Award' in the fifth annual Vancouver Island Business Excellence Awards.

An announcement honouring the head of North America's largest non-bank foreign exchange company said Mr. Gustavson, "combines business acumen with passion, blending vision, discipline and integrity into his award-winning management style. Entrepreneurial, intelligent and approachable, Gustavson is more often found listening to employees on the company's front lines than in the board room. He establishes the strategic planning and the direction of the company and maintains a corporate culture and reputation that draws top achievers in the financial services industry."

"I am greatly touched and appreciative of the recognition although I think I'm a little too young for such an award," said Gustavson who had just returned from a business trip to China.

The announcement said, "After successfully building an accounting firm, Gustavson went on to found Custom House in 1992, which he is now managing through its global expansion and evolution into one of the foremost foreign exchange companies in the world. The success of Custom House has provided Gustavson with an opportunity to give back to communities around the world through charitable initiatives and to share his business expertise."

"Gustavson has contributed to improving safety of our financial institutions by helping the government draft its anti-money-laundering regulations ...