This is the precious statue of Pema Gyalpo, one of the eight manifestations of Guru Rinpoche. The statue is a terma treasure revealed by the 15th Karmapa, Khakyab Dorje, the father of the second Jamgon Kongtrul, and presented to him.
( http://www.kagyumonlam.org/English/News/Report/Report_20121230.html )
Read more: Homage to the Jamgon Kongtruls