Patch 130: Volibear (jungle remake!)

[Slayerik]

With the new jungle, you can't spend all day ganking. Without ult, I wouldn't even bother. He might actually be worth running Exhaust/Smite , since you have  a built in wall passing escape, and extra CC.

[Ice Cream Emperor]

But as the jungle scales up in HP late game, your AE won't be as impressive unless you can manage to stick to a pretty strict AP build.  

There's no jungle role in the late-game, really.