The victim succumbed to his injuries in the hospital.
According to initial reports, the IED was planted on a roadside corner near Bagh Naraan.
Police officials said the target of the blast was a security forces vehicle which remained unharmed.
This is the second blast today targeting a security forces convoy in Khyber-Pakhtunkhwa.
The outlawed Tehreek-e-Taliban Pakistan (TTP) claimed responsibility for the IED attack on a security forces convoy in which at least three security forces personnel were injured.
Read: Three injured in TTP attack on security forces convoy
The security forces convoy came under attack while on Kulachi Road in Dera Ismail Khan, an Inter-Services Public Relations statement said.
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