Love it! Concept is great, the color scheme looks good, and the execution is great.
A couple of suggestions: The "fur" could use some work on its shading. The individual tufts look good, but it doesn't quite look like the fur is underneath the shoulder pauldrons. Second, the design on his chest-piece looks like it is oriented at an angle that isn't quite consistent with the chest-piece. If it were reoriented just slightly, it would look more like its a part of the armor.